ePlus inc. (NASDAQ:PLUS) is one of the 13 Companies that Just Started Paying Dividends, marking a new phase of shareholder returns for the company. The Board of Directors approved the first quarterly dividend of $0.25 per common share, reflecting a focus on shareholder value and capital allocation. CEO Mark Marron highlighted strategic initiatives to support growth and confidence in the business outlook.

The company plans to maintain its share repurchase program while considering reinvesting in organic initiatives and mergers/acquisitions to strengthen the business and enhance shareholder value. Since going public in 1996, ePlus has expanded through acquisitions, reshaping the business into three subsidiaries and two primary segments focusing on technology solutions and services for digital transformation across various industries.

ePlus provides technology solutions like AI, security, cloud, and networking services, supporting organizations in overcoming evolving business challenges. While PLUS offers investment potential, certain AI stocks may have greater upside potential and less downside risk. Investors seeking undervalued AI stocks can explore opportunities in the market.

Read more at Yahoo Finance: A New Phase of Shareholder Returns Begins at ePlus (PLUS)