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

Key Points

• Heidrick & Struggles International, Inc. has announced a quarterly dividend of $0.15 per share, with a payment date set for August 28th for investors recorded on August 14th.
• The company has a dividend payout ratio of 17.6%, indicating robust coverage by earnings, and is projected to maintain this with an expected future payout ratio of 20.7% as earnings per share are anticipated to reach $2.90 next year.
• During recent trading, Heidrick & Struggles stock reached $43.52, reflecting moderate volume and a market capitalization of approximately $897.43 million.

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) announced a quarterly dividend on Thursday, August 7th, RTT News reports. Stockholders of record on Thursday, August 14th will be paid a dividend of 0.15 per share by the business services provider on Thursday, August 28th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, August 14th.

Heidrick & Struggles International has a dividend payout ratio of 17.6% meaning its dividend is sufficiently covered by earnings. 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 Performance

Shares of HSII stock traded up $0.05 during trading hours on Friday, hitting $45.44. 26,214 shares of the company were exchanged, compared to its average volume of 132,780. The business's 50-day simple moving average is $45.25 and its two-hundred day simple moving average is $43.53. Heidrick & Struggles International has a one year low of $35.38 and a one year high of $51.24. The stock has a market capitalization of $942.32 million, a price-to-earnings ratio of 28.58, a P/E/G ratio of 0.92 and a beta of 1.06.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The business services provider reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.11. Heidrick & Struggles International had a net margin of 2.92% and a return on equity of 14.85%. The firm had revenue of $317.25 million during the quarter, compared to analyst estimates of $292.94 million. As a group, analysts anticipate that Heidrick & Struggles International will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Company Profile

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.