Robert Half Inc. (NYSE:RHI) Declares Quarterly Dividend of $0.59

Robert Half Inc. (NYSE:RHI) declared a quarterly dividend on Thursday, February 12th. Investors of record on Wednesday, February 25th will be paid a dividend of 0.59 per share by the business services provider on Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend is Wednesday, February 25th.

Robert Half has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 22 consecutive 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. Analysts expect Robert Half to earn $3.57 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 66.1%.

Robert Half Price Performance

RHI stock opened at $25.41 on Friday. Robert Half has a 1 year low of $24.45 and a 1 year high of $61.16. The firm has a 50-day moving average of $28.35 and a 200 day moving average of $30.98. The company has a market cap of $2.57 billion, a P/E ratio of 19.11 and a beta of 0.88.

Robert Half (NYSE:RHI) last announced its earnings results on Thursday, January 29th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.02. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. Robert Half had a return on equity of 10.20% and a net margin of 2.47%.The business’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.53 EPS. On average, equities research analysts expect that Robert Half will post 2.48 earnings per share 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.