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

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 dividend yield of 8.7%. The ex-dividend date is Friday, May 22nd.

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 payout ratio of 88.1% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities analysts expect Robert Half to earn $2.21 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 106.8%.

Robert Half Stock Performance

Shares of RHI stock opened at $27.22 on Friday. Robert Half has a fifty-two week low of $21.83 and a fifty-two week high of $48.54. The stock’s fifty day moving average price is $24.97 and its two-hundred day moving average price is $26.96. The company has a market cap of $2.79 billion, a PE ratio of 20.98 and a beta of 0.85.

Robert Half (NYSE:RHI) last posted its quarterly earnings results on Thursday, April 23rd. The business services provider reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. Robert Half had a return on equity of 10.14% and a net margin of 2.43%.The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the firm earned $0.17 EPS. Robert Half’s revenue was down 3.8% on a year-over-year basis. On average, equities analysts predict that Robert Half will post 1.36 EPS for the current fiscal year.

Robert Half Company Profile

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.