Kforce Inc. (NASDAQ:KFRC – Get Free Report) declared a quarterly dividend on Friday, July 24th. Shareholders of record on Friday, September 11th will be given a dividend of 0.40 per share by the business services provider on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, September 11th.
Kforce has increased its dividend payment by an average of 0.1%per year over the last three years. Kforce has a dividend payout ratio of 45.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 48.5%.
Kforce Trading Down 6.4%
Shares of KFRC stock opened at $51.04 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a fifty day simple moving average of $56.31 and a two-hundred day simple moving average of $43.40. The firm has a market capitalization of $914.08 million, a PE ratio of 19.04 and a beta of 0.86. Kforce has a 52-week low of $24.49 and a 52-week high of $61.68.
About Kforce
Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.
Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.
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