Kelly Services, Inc. (NASDAQ:KELYB) Announces Quarterly Dividend of $0.07

Kelly Services, Inc. (NASDAQ:KELYB – Get Free Report) declared a quarterly dividend on Thursday, November 5th. Stockholders of record on Wednesday, November 18th will be given a dividend of $0.0750 per share by the business services provider on Wednesday, December 2nd. This represents a $0.30 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, November 18th.

Kelly Services has increased its dividend payment by an average of 0.3% annually over the last three years. Kelly Services has a payout ratio of 10.9% meaning its dividend is sufficiently covered by earnings.

Kelly Services Trading Down 2.2%

Shares of KELYB stock opened at $26.05 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.50 and a current ratio of 1.50. The stock has a market capitalization of $904.94 million, a P/E ratio of -3.34 and a beta of 0.88. The company has a 50 day moving average price of $23.67 and a 200 day moving average price of $19.38. Kelly Services has a fifty-two week low of $8.38 and a fifty-two week high of $125.00.

Kelly Services (NASDAQ:KELYB – Get Free Report) last released its earnings results on Thursday, November 5th. The business services provider reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%. The company had revenue of $927.20 million for the quarter, compared to analyst estimates of $925.87 million.

About Kelly Services

(Get Free Report)

Kelly Services, Inc (NASDAQ: KELYB) is a workforce solutions and staffing company that connects employers with talent across a range of industries and skill levels. Its services include temporary and contract staffing, direct-hire and permanent placement, recruitment process outsourcing, and workforce management solutions.

The company serves organizations through specialized offerings for professional and technical roles, science and engineering, education, office and administrative functions, industrial positions, and other workforce categories.

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Dividend History for Kelly Services (NASDAQ:KELYB)

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