Amdocs Dividends and Buybacks
Dividend criteria checks 5/6
Amdocs is a dividend paying company with a current yield of 3.52% that is well covered by earnings.
Key information
3.5%
Dividend yield
7.8%
Buyback Yield
| Total Shareholder Yield | 11.3% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 10.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
DOX: Future EPS Guidance And Buybacks Will Support Multiple Rerating
Analysts have trimmed their Amdocs fair value estimate by about $0.36 to $90.21, reflecting updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E expectations following recent price target reductions from major firms. Analyst Commentary Recent research updates have focused less on headline ratings and more on recalibrating what investors might reasonably pay for Amdocs, with both price targets moving lower and feeding into the modest trim to the fair value estimate.Amdocs Shows Strong Cash Flow At A Cheap Price
Apr 16DOX: Reset Guidance And Shareholder Returns Will Support Multiple Rerating
Analysts have trimmed their average price target on Amdocs by $19 to $90.57, citing updated assumptions around discount rates, long term growth, margins and future P/E multiples reflected in recent research from major firms. Analyst Commentary Recent research updates suggest that analysts are recalibrating their views on Amdocs, with price targets being reset to reflect revised assumptions around growth, profitability and valuation multiples.
Cloud Migration And AI Adoption Will Shape Telecom Software Returns By 2029
Catalysts About Amdocs Amdocs provides software, services and managed solutions that support telecom operators in areas such as billing, customer experience, network operations and data driven applications. What are the underlying business or industry changes driving this perspective?DOX: Reset Guidance And Capital Returns Will Support Multiple Rerating
Analysts have trimmed their Amdocs fair value estimate by about $3.25 to $90.57, citing slightly softer revenue growth and profit margin assumptions, partly offset by a higher forward P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to the maintained use of a higher forward P/E multiple in fair value work, which suggests ongoing confidence in Amdocs' earnings quality and pricing power, even with more conservative revenue and margin inputs.
Cloud And AI Transformation Will Reshape Telecom Operations Over The Next Decade
Catalysts About Amdocs Amdocs provides software, services and managed solutions that support mission critical business and operations systems for telecom and media companies worldwide. What are the underlying business or industry changes driving this perspective?DOX: Reset Guidance And Capital Returns Will Support Future Repricing
Analysts have reduced their Amdocs price targets by roughly $10 to $20, citing updated assumptions around discount rates and future P/E, while maintaining a broadly unchanged view of the stock’s fair value. Analyst Commentary Recent research updates keep the core investment view on Amdocs largely intact, even as price targets are reset to reflect revised discount rates and updated P/E assumptions.DOX: Reset Guidance And Shareholder Returns Will Support Future Earnings Rebound
Analysts have reduced their price targets for Amdocs by $19 and $9, citing updated views on fair value, discount rate, revenue growth, profit margin and future P/E as the main reasons for the adjustment. Analyst Commentary Recent target cuts suggest analysts are reassessing how they value Amdocs, focusing on what they see as more conservative assumptions for fair value, discount rates, revenue growth, profit margins and future P/E levels.DOX: Reset FY26 Guidance And Buybacks Will Support Earnings Rebound
Narrative Update Analysts have trimmed their price target on Amdocs to about $95.50 from roughly $104, citing constraints on growth, lower FY26 revenue and EPS guidance versus prior Street expectations, and a revised view on margins and future P/E multiples. Analyst Commentary Recent research updates on Amdocs point to a more cautious stance, with multiple firms trimming price targets and highlighting a gap between company guidance and prior Street expectations.Is Amdocs Limited (NASDAQ:DOX) Trading At A 36% Discount?
Jan 14
Amdocs Limited's (NASDAQ:DOX) Intrinsic Value Is Potentially 76% Above Its Share Price
Jul 30Here's Why Amdocs (NASDAQ:DOX) Can Manage Its Debt Responsibly
Jul 12Amdocs (NASDAQ:DOX) Might Have The Makings Of A Multi-Bagger
Jun 24We Think Amdocs' (NASDAQ:DOX) Solid Earnings Are Understated
May 15Amdocs (NASDAQ:DOX) Is Due To Pay A Dividend Of $0.527
May 13Amdocs Exits Low-Margin Activities But Growth Remains Uncertain
Apr 25Amdocs: Focused On Improving Margins
Feb 07
Cloud Innovation And AI Partnerships Propel Revenue And Margins Skyward
Strategic focus on cloud migration, AI investments, and partnerships for innovation promises efficiency gains and new revenue streams, enhancing net margins.Amdocs Growth Remains Anemic On Client Buying Scrutiny
Aug 23Amdocs: An Undervalued Dividend Growth Stock With 28% Margin Of Safety
Jun 07Amdocs: Financial Prospects And Capital Return Are Key Investment Considerations
Apr 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DOX's dividends per share have been stable in the past 10 years.
Growing Dividend: DOX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Amdocs Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DOX) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (IT) | 3.1% |
| Analyst forecast (DOX) (up to 3 years) | 3.7% |
Notable Dividend: DOX's dividend (3.52%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: DOX's dividend (3.52%) is low compared to the top 25% of dividend payers in the US market (4.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), DOX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.4%), DOX's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 18:30 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Amdocs Limited is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amir Rozwadowski | Barclays |
| Tavy Rosner | Barclays |
| Tal Liani | BofA Global Research |