Randstad (OTCMKTS:RANJY) Increases Dividend to $1.92 Per Share

Randstad (OTCMKTS:RANJY) declared a dividend on Saturday, September 18th, investing.com reports. Investors of record on Monday, September 27th will be given a dividend of 1.924 per share by the business services provider on Tuesday, October 19th. This represents a yield of 5.37%. The ex-dividend date of this dividend is Friday, September 24th. This is a boost from Randstad’s previous dividend of $0.98.

Shares of RANJY stock opened at $35.89 on Thursday. Randstad has a 12 month low of $24.50 and a 12 month high of $40.44. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $36.53 and its two-hundred day moving average is $37.24. The company has a market cap of $13.20 billion, a PE ratio of 17.51 and a beta of 1.34.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings results on Tuesday, July 27th. The business services provider reported $0.62 EPS for the quarter. Randstad had a return on equity of 14.42% and a net margin of 2.84%. The company had revenue of $7.32 billion for the quarter. As a group, equities analysts expect that Randstad will post 2.38 EPS for the current fiscal year.

Several research analysts recently commented on the company. Zacks Investment Research raised Randstad from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Thursday. Royal Bank of Canada cut Randstad from an “outperform” rating to a “sector perform” rating in a research report on Monday, July 12th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $39.00.

About Randstad

Randstad NV engages in the provision of solutions in the fields of flexible work and human resources services. It operates through the following segments: Staffing, Professionals, and Executive Search. The Staffing segment recruits candidates for manufacturing, logistics and administrative jobs. Its service portfolio includes Inhouse, Recruitment Process Outsourcing (RPO), Managed Services Programs (MSP), Payrolling, Outsourcing, and Outplacement.

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Dividend History for Randstad (OTCMKTS:RANJY)

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