RESTON, Va. (AP) — Government health services provider Maximus Inc. plans a two-for-one stock split.
The Virginia-based company said Thursday that its board approved the split. Shareholders will receive an additional share of stock on June 28 for each share they held as of June 14. Maximus said that will bring the number of outstanding common shares to 70 million.
Maximus also said Monday that it will pay a regular quarterly dividend of 9 cents per share on May 31 to shareholders of record on May 15.
Maximus shares fell $3.38 to close at $72.93.