Korn/Ferry International (NYSE:KFY – Get Free Report) declared a quarterly dividend on Thursday, March 5th. Investors of record on Friday, March 27th will be given a dividend of 0.55 per share by the business services provider on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, March 27th. This is a 14.6% increase from Korn/Ferry International’s previous quarterly dividend of $0.48.
Korn/Ferry International has raised its dividend by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Korn/Ferry International has a dividend payout ratio of 37.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Korn/Ferry International to earn $5.37 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 41.0%.
Korn/Ferry International Stock Performance
Shares of KFY stock opened at $62.67 on Wednesday. The business has a fifty day moving average of $64.27 and a 200 day moving average of $66.79. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $78.50. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 12.39 and a beta of 1.32.
About Korn/Ferry International
Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.
Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.
Further Reading
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