Robert Half Inc. (RHI) To Go Ex-Dividend on August 25th

Robert Half Inc. (NYSE:RHI) announced a quarterly dividend on Monday, August 3rd. Stockholders of record on Tuesday, August 25th will be given a dividend of 0.59 per share by the business services provider on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Tuesday, August 25th.

Robert Half has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 22 consecutive years. Robert Half has a dividend 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 $2.04 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 115.7%.

Robert Half Stock Performance

RHI opened at $44.87 on Friday. The firm has a market cap of $4.59 billion, a P/E ratio of 39.02 and a beta of 0.79. The firm has a 50-day moving average of $37.17 and a 200 day moving average of $30.23. Robert Half has a fifty-two week low of $21.83 and a fifty-two week high of $45.83.

Robert Half (NYSE:RHI) last posted its quarterly earnings data on Thursday, July 23rd. The business services provider reported $0.26 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.26. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robert Half had a net margin of 2.17% and a return on equity of 9.18%. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 earnings per share. Equities research analysts predict that Robert Half will post 1.27 earnings per share 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.