Amdocs Announces Quarterly Dividend of $0.569 Per Share
Amdocs Limited (DOX) has declared a quarterly dividend of $0.569 per share, maintaining consistency with its previous payout levels. The dividend carries a forward yield of 3.65%. Shareholders of record as of December 31 will receive the payment on January 29. Despite the steady dividend declaration, the company faces significant headwinds. Amdocs has forecasted a pro forma constant-currency revenue decline of 7% to 11% for fiscal year 2027, a downturn attributed largely to an ongoing dispute with T-Mobile. This guidance follows recent strategic moves, including the $340 million cash acquisition of EIS.
Tickers: $DOX
Topics: dividend declaration dividend yield quarterly dividend