Heidrick & Struggles International, Inc. Declares Quarterly Dividend of $0.15 (NASDAQ:HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) announced a quarterly dividend on Monday, May 5th, RTT News reports. Investors of record on Thursday, May 15th will be given a dividend of 0.15 per share by the business services provider on Thursday, May 29th. This represents a $0.60 annualized dividend and a yield of 1.42%. The ex-dividend date is Thursday, May 15th.

Heidrick & Struggles International has a dividend payout ratio of 18.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Heidrick & Struggles International to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 20.7%.

Heidrick & Struggles International Stock Down 0.3 %

Shares of Heidrick & Struggles International stock traded down $0.11 during trading on Friday, hitting $42.39. The stock had a trading volume of 14,514 shares, compared to its average volume of 156,170. The stock has a 50 day simple moving average of $41.45 and a 200 day simple moving average of $43.37. The company has a market capitalization of $874.12 million, a PE ratio of 22.91, a P/E/G ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International has a 1 year low of $30.20 and a 1 year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $287.44 million during the quarter, compared to the consensus estimate of $267.42 million. As a group, equities analysts expect that Heidrick & Struggles International will post 2.68 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on HSII. Barrington Research upped their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Truist Financial increased their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a report on Tuesday, April 15th.

Insider Activity at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the stock in a transaction on Thursday, March 6th. The shares were acquired at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the transaction, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at approximately $6,597,188.70. This trade represents a 3.58 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 1.43% of the stock is owned by corporate insiders.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.