Randstad (OTCMKTS:RANJY) Announces Dividend Increase – $0.84 Per Share

Randstad (OTCMKTS:RANJY) declared a dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.8427 per share by the business services provider on Wednesday, April 16th. The ex-dividend date is Monday, March 31st. This is a 59.3% increase from Randstad’s previous dividend of $0.53.

Randstad Trading Down 0.4 %

RANJY stock traded down $0.08 during trading on Friday, reaching $22.42. 15,602 shares of the stock traded hands, compared to its average volume of 24,226. The firm has a market capitalization of $8.11 billion, a PE ratio of 64.06 and a beta of 1.22. Randstad has a 52-week low of $19.30 and a 52-week high of $27.58. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.10 and a quick ratio of 1.10. The business’s 50 day moving average price is $21.50 and its 200-day moving average price is $22.11.

Randstad (OTCMKTS:RANJY) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.12 EPS for the quarter. Randstad had a net margin of 0.53% and a return on equity of 9.79%. As a group, sell-side analysts forecast that Randstad will post 1.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

RANJY has been the subject of several analyst reports. Sanford C. Bernstein raised Randstad from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 14th. BNP Paribas upgraded Randstad to a “strong-buy” rating in a report on Monday, December 16th.

Randstad Company Profile

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.