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

Heidrick & Struggles International, Inc. (NASDAQ:HSII) announced a quarterly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.15 per share by the business services provider on Thursday, March 27th. This represents a $0.60 annualized dividend and a yield of 1.33%. The ex-dividend date is Thursday, March 13th.

Heidrick & Struggles International has a dividend payout ratio of 17.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Heidrick & Struggles International to earn $2.90 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 20.7%.

Heidrick & Struggles International Trading Up 1.3 %

Shares of HSII stock traded up $0.56 during trading hours on Wednesday, hitting $45.04. 6,103 shares of the company were exchanged, compared to its average volume of 120,257. Heidrick & Struggles International has a 52 week low of $29.03 and a 52 week high of $49.02. The business has a 50 day moving average of $44.46 and a two-hundred day moving average of $42.19. The company has a market capitalization of $919.26 million, a PE ratio of 24.26, a PEG ratio of 0.91 and a beta of 0.80.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Barrington Research boosted their target price on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd. Truist Financial reissued a “hold” rating and issued a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.