Robert Half Inc. (RHI) To Go Ex-Dividend on August 25th

Robert Half Inc. (NYSE:RHI) announced a quarterly dividend on Monday, August 3rd. Shareholders of record on Tuesday, August 25th will be given a dividend of 0.59 per share by the business services provider on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Tuesday, August 25th.

Robert Half has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 22 years. Robert Half has a dividend payout ratio of 88.1% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities analysts expect Robert Half to earn $2.04 per share next year, which means the company may not be able to cover its $2.36 annual dividend with an expected future payout ratio of 115.7%.

Robert Half Price Performance

NYSE RHI opened at $40.90 on Wednesday. The business has a fifty day moving average price of $33.97 and a two-hundred day moving average price of $28.94. The stock has a market capitalization of $4.18 billion, a PE ratio of 35.56 and a beta of 0.79. Robert Half has a fifty-two week low of $21.83 and a fifty-two week high of $42.25.

Robert Half (NYSE:RHI) last issued its quarterly earnings results on Thursday, July 23rd. The business services provider reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. Robert Half had a return on equity of 9.18% and a net margin of 2.17%.The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the company posted $0.41 EPS. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. As a group, sell-side analysts expect that Robert Half will post 1.29 earnings per share for the current year.

About Robert Half

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.