Kelly Services, Inc. (NASDAQ:KELYB – Get Free Report) declared a quarterly dividend on Tuesday, August 4th. Stockholders of record on Wednesday, August 19th will be paid a dividend of 0.075 per share by the business services provider on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, August 19th.
Kelly Services has increased its dividend payment by an average of 0.3%annually over the last three years. Kelly Services has a dividend payout ratio of 10.9% indicating that its dividend is sufficiently covered by earnings.
Kelly Services Stock Performance
Shares of KELYB stock opened at $23.94 on Monday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.08. The company has a market cap of $831.44 million, a PE ratio of -3.07 and a beta of 0.82. The company’s fifty day simple moving average is $21.40 and its 200-day simple moving average is $17.87. Kelly Services has a 52 week low of $8.38 and a 52 week high of $125.00.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Kelly Services in a research note on Friday, August 7th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
Read Our Latest Analysis on Kelly Services
Kelly Services Company Profile
Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.
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