MAXIMUS Increases Quarterly Cash Dividend to $0.12 Per Share

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RESTON, Va.--(BUSINESS WIRE)-- MAXIMUS (NYSE:MMS), a leading provider of government services, announced today that its Board of Directors has approved a $0.02 increase in the Company's quarterly cash dividend. The $0.12 per share dividend is payable on February 27, 2009, to shareholders of record on February 13, 2009.

Richard Montoni, Chief Executive Officer of MAXIMUS, commented, "Today's announcement reflects our strong capital position, confidence in our long-term prospects, and the Board's commitment to return excess cash to shareholders through the Company's ongoing dividend program in concert with our ongoing share repurchase program."

MAXIMUS is a leading provider of government services and is devoted to providing health and human services program management and consulting services to its clients. The Company has more than 6,000 employees located in more than 220 offices in the United States, Canada and Australia. Additionally, MAXIMUS is included in the Russell 2000 Index and the S&P SmallCap 600 Index.

Statements that are not historical facts, including statements about the Company's confidence and strategies and the Company's expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company's products are forward-looking statements that involve risks and uncertainties. These uncertainties could cause the Company's actual results to differ materially from those indicated by such forward-looking statements and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company's most recent Quarterly Report filed with the Securities and Exchange Commission, found on www.maximus.com. 


    Source: MAXIMUS

Released December 17, 2008