Kforce Inc. (NASDAQ:KFRC – Get Free Report) announced a quarterly dividend on Monday, July 28th, Wall Street Journal reports. Stockholders of record on Friday, September 12th will be given a dividend of 0.39 per share by the business services provider on Friday, September 26th. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, September 12th.
Kforce has a dividend payout ratio of 43.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 46.1%.
Kforce Stock Performance
KFRC opened at $30.49 on Wednesday. The company has a market cap of $567.05 million, a PE ratio of 11.38 and a beta of 0.68. The stock has a 50-day moving average of $36.94 and a 200-day moving average of $41.66. Kforce has a 52-week low of $30.42 and a 52-week high of $64.07. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06.
Kforce Company Profile
Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.
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