SmarterDividends
MMS

Maximus, Inc.

MMS

Industrials · Specialty Business Services · Stock · quarterly payer

$61.47

Undervalued · +67% Add to Portfolio

Forward Yield

2.15%

Annual Dividend

$1.32

Payout Ratio

19%

5-Yr Growth

1.4%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about MMS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Maximus, Inc. (MMS) has a forward dividend yield of 2.15%, based on an annual dividend of $1.32 per share and a share price of $61.47.
  • As of Oct 18, 2026, MMS's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
  • MMS has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MMS's next ex-dividend date is Nov 13, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, MMS pays out 19% of its trailing 12-month earnings as dividends (its payout ratio).
  • MMS's dividend has grown at an average rate of 1.4% a year over the past five years.
  • As of Oct 18, 2026, MMS's 2.15% yield is 46% above its five-year average yield of 1.47%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MMS is $102.63 per share, 67% above the $61.47 share price, so MMS screens as undervalued.
  • Maximus, Inc. (MMS) pays its dividend quarterly, 4 times a year.
  • Maximus, Inc. (MMS) has raised its regular dividend 7 times and cut it 0 times across the 87 payments on record since 2005. Its most recent change was a 10.0% increase to $0.330 per share, going ex-dividend on Feb 13, 2026.
Cite this page

SmarterDividends, "MMS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MMS

Summary

As of Oct 18, 2026, Maximus, Inc. (MMS) yields 2.15% ($1.32 a year per share) and has a dividend safety grade of A (91/100).

Is MMS a good dividend stock?

Yes

Maximus, Inc. (MMS) pays a quarterly dividend yielding 2.15% ($1.32/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (19%)
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.15%
Payout Ratio
19%
Annual Dividend
$1.32
5-Yr Avg Growth
1.4%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.59
Market Cap
$3.2B
P/E Ratio
9.1
5-Yr Total Return
-19%
52-Week Range
$51.04 – $100.00
Dividend Safety
A · 91/100
Ever Cut?
No

MMS dividend raises and cuts

Maximus, Inc. (MMS) has raised its regular dividend 7 times and cut it 0 times across the 87 payments on record since 2005. Its most recent change was a 10.0% increase to $0.330 per share, going ex-dividend on Feb 13, 2026.

Ex-dateChangeOld → newMove
Feb 13, 2026Raise$0.300 → $0.330+10.0%
Nov 14, 2023Raise$0.280 → $0.300+7.1%
Nov 14, 2019Raise$0.250 → $0.280+12.0%
Nov 14, 2018Raise$0.0450 → $0.250+455.6%
Aug 11, 2011Raise$0.0375 → $0.0450+20.0%
Feb 11, 2011Raise$0.0300 → $0.0375+25.0%
Feb 11, 2009Raise$0.0250 → $0.0300+20.0%
MMS ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →MMS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MMS a good dividend stock?

Yes. Maximus, Inc. (MMS) pays a quarterly dividend yielding 2.15% ($1.32/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is MMS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MMS's fair value is about $102.63 versus a $61.47 share price — so it looks undervalued (+67% vs. fair value).

Is MMS's dividend safe?

MMS has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MMS's fair value?

Our blended fair-value estimate for MMS is about $102.63 per share, roughly 67% above the current $61.47 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MMS a buy, hold, or sell?

We don't issue formal ratings, but on the data MMS screens as "yes" and undervalued. Maximus, Inc. (MMS) pays a quarterly dividend yielding 2.15% ($1.32/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will MMS cut its dividend?

MMS earns a dividend-safety grade of A (91/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MMS pay a dividend?

Yes. Maximus, Inc. pays a quarterly dividend of about $1.32 per share annually, a forward yield of roughly 2.15%.

What is MMS's dividend yield?

As of Oct 18, 2026, MMS's forward dividend yield is 2.15%, based on a $1.32 annual dividend and a $61.47 share price.

What is MMS's dividend per share?

As of Oct 18, 2026, MMS pays $1.32 per share per year, distributed on a quarterly basis.

What is MMS's dividend payout ratio?

As of Oct 18, 2026, MMS's payout ratio is 19% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MMS grown its dividend?

MMS does not currently have a long dividend-growth streak on record.

When is the next MMS ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for MMS is Nov 13, 2026.