Heidrick & Struggles International, Inc. (HSII) to Issue Quarterly Dividend of $0.15 on August 23rd

Heidrick & Struggles International, Inc. (NASDAQ:HSII) announced a quarterly dividend on Monday, July 29th, RTT News reports. Stockholders of record on Friday, August 9th will be given a dividend of 0.15 per share by the business services provider on Friday, August 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Thursday, August 8th.

Heidrick & Struggles International has a dividend payout ratio of 29.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Heidrick & Struggles International to earn $2.57 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 23.3%.

NASDAQ:HSII opened at $28.18 on Tuesday. The stock has a market capitalization of $563.81 million, a price-to-earnings ratio of 11.18, a PEG ratio of 1.13 and a beta of 1.36. Heidrick & Struggles International has a fifty-two week low of $27.76 and a fifty-two week high of $45.28. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 1.49. The company’s 50 day moving average is $30.14.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data on Monday, July 29th. The business services provider reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.12. The firm had revenue of $173.12 million during the quarter, compared to analyst estimates of $177.92 million. Heidrick & Struggles International had a return on equity of 19.96% and a net margin of 7.32%. During the same quarter in the prior year, the firm posted $0.59 earnings per share. As a group, equities research analysts forecast that Heidrick & Struggles International will post 2.61 EPS for the current fiscal year.

A number of analysts have recently weighed in on HSII shares. Zacks Investment Research raised Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research note on Friday. BidaskClub lowered Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 18th. Finally, ValuEngine lowered Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Heidrick & Struggles International presently has a consensus rating of “Hold” and an average price target of $42.33.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting services to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.

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Dividend History for Heidrick & Struggles International (NASDAQ:HSII)

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