A New Phase of Shareholder Returns Begins at ePlus (PLUS)

ePlus inc. (NASDAQ:PLUS) is included among the 13 Companies that Just Started Paying Dividends.

On August 7, ePlus inc. (NASDAQ:PLUS) said its Board of Directors approved the company’s first quarterly dividend. The initial cash payout was set at $0.25 per common share, marking a new chapter in how the company returns capital to shareholders.

Mark Marron, president and CEO of ePlus, said the decision reflects a continued focus on building shareholder value through a disciplined and balanced approach to capital allocation. He pointed to the company’s strategic initiatives as a sign of confidence in its growth outlook and noted that the new dividend is supported by ePlus’s ability to consistently generate cash.

Marron also said the company plans to keep its share repurchase program in place. At the same time, ePlus intends to remain open to reinvesting in the business through organic initiatives and selective mergers and acquisitions. The aim, he said, is to strengthen the company over the long term while enhancing shareholder value.

Since going public in November 1996, ePlus has steadily expanded its footprint and capabilities. A series of acquisitions helped extend both its geographic reach and its technology offerings. Over time, that approach has reshaped the business.

Today, ePlus operates through three subsidiaries organized into two primary segments. The Financing Business Unit, under ePlus Group, Inc., focuses on leasing and business process outsourcing services. The Technology Sales Business Unit brings together ePlus Technology, Inc.’s IT sales and services with ePlus Systems, Inc.’s software business.

ePlus inc. (NASDAQ:PLUS) provides technology solutions and services designed to support digital transformation. Its offerings span artificial intelligence, security, cloud and data center, networking, and collaboration, along with managed, consultative, and professional services. The company works with organizations across a range of industries as they address evolving business challenges.

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Disclosure: None.