Kforce Inc. (NASDAQ:KFRC – Get Free Report) declared a quarterly dividend on Friday, October 31st. Investors of record on Friday, December 5th will be paid a dividend of 0.39 per share by the business services provider on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, December 5th.
Kforce has raised its dividend by an average of 0.2%per year over the last three years. Kforce has a payout ratio of 44.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 47.3%.
Kforce Price Performance
Shares of Kforce stock traded up $0.10 on Wednesday, hitting $29.81. 29,751 shares of the company traded hands, compared to its average volume of 199,524. Kforce has a 52 week low of $24.49 and a 52 week high of $61.74. The business has a 50-day simple moving average of $28.94 and a 200 day simple moving average of $34.56. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a market capitalization of $540.78 million, a P/E ratio of 11.10 and a beta of 0.56.
About Kforce
Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.
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