Kforce Inc. (NASDAQ:KFRC) Plans $0.39 Quarterly Dividend

Kforce Inc. (NASDAQ:KFRC) announced a quarterly dividend on Monday, November 3rd. Shareholders of record on Friday, December 5th will be given 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 yield of 4.9%. The ex-dividend date of this dividend is Friday, December 5th.

Kforce has raised its dividend payment by an average of 0.2%per year over the last three years. Kforce has a payout ratio of 44.2% meaning 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 Trading Up 30.6%

Shares of NASDAQ:KFRC traded up $7.52 on Tuesday, hitting $32.06. 237,887 shares of the company’s stock were exchanged, compared to its average volume of 191,111. The stock has a market capitalization of $596.28 million, a price-to-earnings ratio of 12.01 and a beta of 0.66. Kforce has a 12 month low of $24.49 and a 12 month high of $62.80. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The business’s 50 day simple moving average is $29.48 and its two-hundred day simple moving average is $36.20.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.57 by $0.06. Kforce had a net margin of 3.59% and a return on equity of 30.34%. During the same period in the prior year, the firm posted $0.75 EPS. The firm’s revenue was down 5.9% on a year-over-year basis. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. Analysts anticipate that Kforce will post 2.7 EPS for the current fiscal year.

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.