ManpowerGroup Inc. (NYSE:MAN – Get Free Report) declared a dividend on Friday, May 8th. Stockholders of record on Monday, June 1st will be given a dividend of 0.72 per share by the business services provider on Monday, June 15th. This represents a dividend yield of 483.0%. The ex-dividend date is Monday, June 1st.
ManpowerGroup has decreased its dividend payment by an average of 0.1%annually over the last three years. ManpowerGroup has a payout ratio of 33.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect ManpowerGroup to earn $4.92 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 29.3%.
ManpowerGroup Trading Up 4.7%
NYSE:MAN opened at $31.74 on Friday. ManpowerGroup has a fifty-two week low of $25.15 and a fifty-two week high of $47.33. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $1.48 billion, a PE ratio of -85.79 and a beta of 0.74. The business’s 50-day simple moving average is $29.06 and its 200-day simple moving average is $29.32.
ManpowerGroup Company Profile
ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.
The company’s service offerings are organized into four principal brands.
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