Kelly Services Inc. Declares Quarterly Dividend of $0.05 (KELYA)
Kelly Services (NASDAQ:KELYA) announced a quarterly dividend on Friday, February 14th, Stock Ratings Network reports. Shareholders of record on Tuesday, February 25th will be paid a dividend of 0.05 per share on Tuesday, March 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Sunday, February 23rd.
On the ratings front, analysts at SunTrust raised their price target on shares of Kelly Services from $20.00 to $23.00 in a research note on Friday, January 31st.
Kelly Services (NASDAQ:KELYA) traded down 0.30% on Friday, hitting $23.10. The stock had a trading volume of 39,225 shares. Kelly Services has a 1-year low of $16.32 and a 1-year high of $25.82. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $21.43. The company has a market cap of $863.9 million and a price-to-earnings ratio of 15.05.
Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.14. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.35 billion. Analysts expect that Kelly Services will post $1.06 EPS for the current fiscal year.
Kelly Services, Inc (NASDAQ:KELYA) is a global workforce solutions provider operating throughout the world.
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