Heidrick & Struggles International, Inc. (HSII) to Issue Quarterly Dividend of $0.15 on November 21st

Heidrick & Struggles International, Inc. (NASDAQ:HSII) announced a quarterly dividend on Monday, November 4th, RTT News reports. Investors of record on Thursday, November 14th will be paid a dividend of 0.15 per share by the business services provider on Thursday, November 21st. This represents a $0.60 annualized dividend and a yield of 1.42%.

Heidrick & Struggles International has a dividend payout ratio of 21.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Heidrick & Struggles International to earn $2.85 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 21.1%.

Heidrick & Struggles International Price Performance

HSII opened at $42.28 on Wednesday. The stock’s 50 day moving average price is $38.03 and its 200 day moving average price is $35.47. The stock has a market cap of $859.00 million, a P/E ratio of 22.85, a P/E/G ratio of 0.94 and a beta of 0.85. Heidrick & Struggles International has a 12 month low of $24.90 and a 12 month high of $43.23.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. The business had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. During the same period last year, the firm posted $0.73 earnings per share. Equities analysts anticipate that Heidrick & Struggles International will post 2.62 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th. Truist Financial reaffirmed a “hold” rating and issued a $40.00 target price (up previously from $33.00) on shares of Heidrick & Struggles International in a research report on Tuesday. Finally, Barrington Research restated an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research report on Friday, September 20th.

Heidrick & Struggles International Company Profile

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.