ManpowerGroup Inc. (NYSE:MAN) Announces Dividend of $0.72

Key Points

• ManpowerGroup declared a $0.72-per-share dividend, payable December 15 to shareholders of record December 1; the ex-dividend date is December 1.
• The dividend appears supported by earnings: the payout ratio is 33.2%, and analysts expect next year’s earnings to cover the projected $1.44 annual dividend.
• In its latest quarter, ManpowerGroup matched analysts’ EPS estimate at $1.01, while revenue rose 4.4% year over year to $4.84 billion, slightly below expectations.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report) declared a dividend on Tuesday, November 10th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.72 per share by the business services provider on Tuesday, December 15th. This represents a dividend yield of 313.0%. The ex-dividend date of this dividend is Tuesday, December 1st.

ManpowerGroup has decreased its dividend by an average of 0.1% annually over the last three years. ManpowerGroup has a dividend payout ratio of 33.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect ManpowerGroup to earn $4.74 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 30.4%.

ManpowerGroup Trading Up 0.3%

Shares of NYSE:MAN traded up $0.14 during midday trading on Wednesday, reaching $46.16. The company's stock had a trading volume of 31,876 shares, compared to its average volume of 1,155,161. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.77 and a beta of 0.78. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a 50 day moving average price of $52.15 and a two-hundred day moving average price of $40.40. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $63.88.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its earnings results on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting the consensus estimate of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The business had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.86 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The firm's revenue was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. As a group, analysts forecast that ManpowerGroup will post 3.60 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of ManpowerGroup during the 2nd quarter valued at $265,921,000. Quantinno Capital Management LP boosted its holdings in shares of ManpowerGroup by 235.8% in the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider's stock worth $52,850,000 after buying an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of ManpowerGroup in the 2nd quarter worth about $33,702,000. Wellington Management Group LLP bought a new position in ManpowerGroup during the second quarter valued at about $25,709,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in ManpowerGroup during the second quarter valued at about $16,009,000. Hedge funds and other institutional investors own 98.03% of the company's stock.

ManpowerGroup Company Profile

ManpowerGroup Inc. is a global workforce solutions company that helps organizations find, manage and develop talent. Its services include permanent and temporary recruitment, staffing, workforce management, outsourcing and career-transition support. The company operates through brands including Manpower, Experis and Talent Solutions. These businesses serve employers and job seekers across a range of industries, offering services from general staffing and professional recruitment to technology talent and workforce development.

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