Adecco Group AG (OTCMKTS:AHEXY) to Issue Dividend of $0.32

Adecco Group AG (OTCMKTS:AHEXY - Get Free Report) announced a dividend on Thursday, April 17th, investing.com reports. Stockholders of record on Friday, April 25th will be paid a dividend of 0.3169 per share by the business services provider on Friday, May 9th. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, April 24th.

Adecco Group Price Performance

Shares of OTCMKTS:AHEXY traded down $0.19 during trading on Tuesday, reaching $12.93. 31,139 shares of the company traded hands, compared to its average volume of 93,472. The firm has a market capitalization of $4.35 billion, a PE ratio of 13.46, a PEG ratio of 3.66 and a beta of 1.19. Adecco Group has a 52 week low of $11.08 and a 52 week high of $20.21. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.78. The company's 50 day moving average is $14.02 and its two-hundred day moving average is $13.62.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. The firm had revenue of $6.27 billion for the quarter. As a group, sell-side analysts predict that Adecco Group will post 1.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

AHEXY has been the subject of several research analyst reports. BNP Paribas upgraded shares of Adecco Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 14th. The Goldman Sachs Group upgraded Adecco Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, one has given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy".

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.