Kelly Services, Inc. (NASDAQ:KELYA - Get Free Report) announced a quarterly dividend on Tuesday, February 11th, NASDAQ Dividends reports. Investors of record on Wednesday, February 26th will be given a dividend of 0.075 per share by the business services provider on Wednesday, March 12th. This represents a $0.30 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Wednesday, February 26th.
Kelly Services has increased its dividend payment by an average of 44.2% per year over the last three years. Kelly Services has a payout ratio of 10.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kelly Services to earn $2.88 per share next year, which means the company should continue to be able to cover its $0.30 annual dividend with an expected future payout ratio of 10.4%.
Kelly Services Price Performance
Shares of Kelly Services stock traded down $0.15 during trading hours on Thursday, reaching $13.41. 309,712 shares of the company's stock were exchanged, compared to its average volume of 339,677. The company has a market capitalization of $467.85 million, a P/E ratio of -223.46, a price-to-earnings-growth ratio of 0.43 and a beta of 1.11. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.19. Kelly Services has a 1 year low of $12.68 and a 1 year high of $25.27. The business has a fifty day moving average of $13.78 and a two-hundred day moving average of $16.96.
Kelly Services (NASDAQ:KELYA - Get Free Report) last issued its earnings results on Thursday, February 13th. The business services provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.38. Kelly Services had a positive return on equity of 6.56% and a negative net margin of 0.01%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. As a group, research analysts predict that Kelly Services will post 2.45 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Barrington Research reissued an "outperform" rating and issued a $25.00 price target on shares of Kelly Services in a research note on Tuesday, February 18th.
View Our Latest Analysis on Kelly Services
Kelly Services Company Profile
(
Get Free Report)
Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.
Recommended Stories

Before you consider Kelly Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kelly Services wasn't on the list.
While Kelly Services currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.