Randstad (RANJY) to Issue Dividend of $0.84 on April 16th

Randstad (OTCMKTS:RANJY) announced a dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders 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 of this dividend is Monday, March 31st. This is a 59.3% increase from Randstad’s previous dividend of $0.53.

Randstad Price Performance

Randstad stock traded down $0.08 during midday trading on Friday, reaching $22.42. 15,602 shares of the company were exchanged, compared to its average volume of 24,226. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 64.06 and a beta of 1.22. Randstad has a 1 year low of $19.30 and a 1 year high of $27.58. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.10 and a current ratio of 1.10. The firm’s 50-day simple moving average is $21.50 and its 200-day simple moving average is $22.11.

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

Analysts Set New Price Targets

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

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.