Robert Half Inc. (RHI) To Go Ex-Dividend on May 22nd

Robert Half Inc. (NYSE:RHI) announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 22nd will be given a dividend of 0.59 per share by the business services provider on Monday, June 15th. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Friday, May 22nd.

Robert Half has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 22 years. Robert Half has a 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. Analysts expect Robert Half to earn $2.13 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 110.8%.

Robert Half Stock Down 1.8%

RHI opened at $25.70 on Wednesday. Robert Half has a twelve month low of $21.83 and a twelve month high of $48.10. The company has a 50-day simple moving average of $25.34 and a 200 day simple moving average of $26.57. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 19.77 and a beta of 0.80.

Robert Half (NYSE:RHI) last posted its quarterly earnings data on Thursday, April 23rd. The business services provider reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Robert Half had a net margin of 2.43% and a return on equity of 10.14%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the business posted $0.17 earnings per share. Robert Half’s revenue was down 3.8% compared to the same quarter last year. Sell-side analysts anticipate that Robert Half will post 1.29 EPS for the current fiscal 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.