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

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) announced a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.15 per share by the business services provider on Thursday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Thursday, March 13th.

Heidrick & Struggles International has a dividend payout ratio of 17.6% indicating that 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 Stock Performance

HSII stock traded up $1.11 during mid-day trading on Friday, reaching $46.83. The company had a trading volume of 148,248 shares, compared to its average volume of 129,010. The company has a market capitalization of $955.75 million, a price-to-earnings ratio of 25.31, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. The firm has a fifty day simple moving average of $44.50 and a 200 day simple moving average of $42.23. Heidrick & Struggles International has a fifty-two week low of $29.03 and a fifty-two week high of $49.02.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HSII. Barrington Research increased their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a report on Wednesday. Truist Financial reiterated 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.

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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.