Key Highlights

  • ePlus' $0.27 quarterly Dividend trades ex-date August 25, 2026, payable September 16.
  • The dividend yields approximately 1.24% at current share price levels.
  • Fiscal 2026 net sales grew 22.1% to $2.4 billion, with gross billings reaching $3.8 billion, up 17%.
  • Fourth-quarter fiscal 2026 adjusted EBITDA increased 40.2% to $40.1 million, while non-GAAP diluted EPS rose 44.9% to $1.00.

Dividend Program and Shareholder Returns

ePlus (NASDAQ:PLUS) declared a quarterly Cash Dividend of $0.25 per common share as its initial dividend program, and the current quarterly rate trades ex-dividend on August 25, 2026, payable September 16 to shareholders of record. The dividend yields approximately 1.24% at current market prices. Alongside the dividend, ePlus also authorized a share-repurchase program of up to 1.5 million shares. Because the dividend program is relatively new compared with the company's long operating history, investors should not infer an extended dividend-growth record.

About the Company

ePlus provides technology solutions, financing, professional services, and managed services to commercial, government, and institutional customers, including data-center infrastructure, cloud computing, networking, and cybersecurity. The company helps customers design, acquire, deploy, and manage complex IT environments, competing through vendor relationships and financing capabilities.

Financial Performance Behind the Payout

ePlus' fiscal 2026 results showed net sales of $2.4 billion, up 22.1%, with product sales rising 23.7% and services Revenue increasing 15.6%. Gross billings reached $3.8 billion, up 17%. Fourth-quarter adjusted EBITDA increased 40.2% to $40.1 million, while non-GAAP diluted EPS increased 44.9% to $1.00. The company's first-quarter fiscal 2027 results were also released in August 2026, following this strong fiscal-year finish.

Broad-Based Growth With Operating Leverage

ePlus' growth was broad-based across customer sizes and verticals and was primarily organic, benefiting from corporate and government Demand for data-center modernization, cybersecurity, cloud services, and AI infrastructure. The company's ability to grow while holding headcount relatively flat demonstrates operating leverage, though technology distribution remains a competitive space. Investors should monitor the product-versus-services revenue mix, since services generally provide better recurring characteristics than product sales.

Outlook

ePlus' dividend, while new relative to the company's history, is well supported by strong Operating Cash Flow and asset-light services growth. The key considerations going forward are whether the company can sustain its double-digit growth pace, how effectively it converts revenue growth into free cash flow, and whether Capital needs for acquisitions and technology investments compete with future dividend growth.