Korn/Ferry International (NYSE:KFY) Declares $0.55 Quarterly Dividend

Korn/Ferry International (NYSE:KFY) announced a quarterly dividend on Tuesday, September 8th. Investors of record on Tuesday, September 22nd will be given a dividend of 0.55 per share by the business services provider on Thursday, October 15th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Korn/Ferry International has increased its dividend payment by an average of 0.4%annually over the last three years and has increased 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. Research analysts expect Korn/Ferry International to earn $6.33 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 34.8%.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $81.71 on Wednesday. The company has a fifty day moving average price of $80.50 and a 200 day moving average price of $71.07. The firm has a market cap of $4.20 billion, a PE ratio of 15.59 and a beta of 1.19. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $87.51.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. The company had revenue of $764.62 million for the quarter, compared to analyst estimates of $737.66 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.During the same period in the previous year, the company posted $1.26 earnings per share. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Research analysts predict that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Korn/Ferry International Company Profile

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.