Dividend Growth of Amdocs Limited(DOX)

Amdocs Limited(DOX) is having a Dividend Yield of 1.31% with the Annual cash Dividend per share of $0.76. The last quarter cash dividend per share pay out was $0.2. Amdocs Limited has a 5 year average dividend yield of 1.15% and the stock has a Indicated annual dividend of $0.78. Amdocs Limited(DOX) formally announced its most recent dividend on February 2, 2017 with a Dividend per share of $0.22. The new indicated annual dividend based on announced dividend per share is $0.88. The dividend yield based on the forward looking indicated annual dividend is 1.48%. Amdocs Limited(DOX) has the most recent dividend payout ratio of 0.23 with a 5-year average payout ratio of 0.19. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.04. The 5 year historical dividend growth of Amdocs Limited(DOX) is at the rate of 12.13% while the R-Squared dividend growth is 0.93. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Amdocs Limited (NASDAQ:DOX) rose 0.71% or 0.42 points on Thursday and made its way into the gainers of the day. After trading began at $59.45 the stock was seen hitting $59.87 as a peak level and $58.94 as the lowest level. The stock ended up at $59.78. The daily volume was measured at 550,092 shares. The 52-week high of the share price is $61.33 and the 52-week low is $54.12. The company has a market cap of $8,769 million. Shares of Amdocs Limited rose by 1.15% in the last five trading days and 0.88% for the last 4 weeks. Amdocs Limited is up 4.04% in the last 3-month period. Year-to-Date the stock performance stands at 2.63%.

Currently the company Insiders own 15.4% of Amdocs Limited shares according to the proxy statements. Institutional Investors own 89.04% of Amdocs Limited shares. Amdocs Limited Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.90 EPS for the quarter. Analyst had a consensus estimate of $0.90. The company had revenue of $954.70 million for the quarter, compared to analysts expectations of $954.76 million. The companys revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS.

Amdocs is a leading provider of customer care, billing and order management systems for communications and Internet services. Amdocs has an unparalleled success record in project delivery of its mission-critical products. With human resources of over 5,900 information systems professionals, Amdocs has an installed base of successful projects with more than 75 service providers throughout the world. In April 2000, Amdocs completed the acquisition of Solect Technology Group Inc., a leading provider of customer care and billing systems for IP providers.


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