Heidrick & Struggles International, Inc. (HSII) to Issue Quarterly Dividend of $0.15 on May 23rd

Heidrick & Struggles International, Inc. (NASDAQ:HSIIGet Free Report) announced a quarterly dividend on Monday, May 6th, Zacks reports. Investors of record on Thursday, May 16th will be given a dividend of 0.15 per share by the business services provider on Thursday, May 23rd. This represents a $0.60 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Wednesday, May 15th.

Heidrick & Struggles International has a dividend payout ratio of 21.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Heidrick & Struggles International to earn $2.80 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 21.4%.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $33.22 on Monday. The stock has a market capitalization of $672.71 million, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of 0.87 and a beta of 0.88. The business has a 50-day moving average of $31.53 and a 200 day moving average of $29.41. Heidrick & Struggles International has a 12 month low of $22.52 and a 12 month high of $35.38.

Heidrick & Struggles International (NASDAQ:HSIIGet Free Report) last posted its quarterly earnings data on Monday, February 26th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The business had revenue of $253.16 million during the quarter, compared to analyst estimates of $248.17 million. Heidrick & Struggles International had a net margin of 4.95% and a return on equity of 13.10%. Equities research analysts anticipate that Heidrick & Struggles International will post 2.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Truist Financial upped their price objective on Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Tuesday, May 7th. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research note on Monday, February 12th. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 12th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Heidrick & Struggles International in a report on Monday, March 4th.

Check Out Our Latest Report on HSII

About Heidrick & Struggles International

(Get Free Report)

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.

Further Reading

Dividend History for Heidrick & Struggles International (NASDAQ:HSII)

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