Heidrick & Struggles International, Inc. (NASDAQ:HSII) to Issue $0.15 Quarterly Dividend

Heidrick & Struggles International, Inc. (NASDAQ:HSII) declared a quarterly dividend on Monday, November 4th, RTT News reports. Shareholders 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 1.50%.

Heidrick & Struggles International has a dividend payout ratio of 21.1% meaning its dividend is sufficiently covered by earnings. 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

Shares of NASDAQ HSII traded up $0.65 during mid-day trading on Monday, hitting $39.93. The company had a trading volume of 89,757 shares, compared to its average volume of 151,316. Heidrick & Struggles International has a 1-year low of $24.90 and a 1-year high of $41.94. The company has a market capitalization of $811.38 million, a PE ratio of 21.01, a price-to-earnings-growth ratio of 0.93 and a beta of 0.85. The business’s 50-day simple moving average is $37.90 and its 200 day simple moving average is $35.32.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HSII. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Barrington Research reaffirmed 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.