CDI Corp. Declares Quarterly Dividend of $0.13 (CDI)
CDI Corp. (NYSE:CDI) announced a quarterly dividend on Friday, August 1st, American Banking News reports. Shareholders of record on Friday, August 15th will be paid a dividend of 0.13 per share on Friday, August 29th. This represents a $0.52 annualized dividend and a dividend yield of 3.75%.
On the ratings front, analysts at TheStreet downgraded shares of CDI Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, May 15th.
CDI Corp. (NYSE:CDI) traded down 1.15% during mid-day trading on Friday, hitting $13.71. 90,206 shares of the company’s stock traded hands. CDI Corp. has a one year low of $13.36 and a one year high of $19.19. The stock’s 50-day moving average is $14.58 and its 200-day moving average is $16.03. The company has a market cap of $267.8 million and a price-to-earnings ratio of 22.37.
CDI Corp. (NYSE:CDI) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.04. The company had revenue of $276.30 million for the quarter, compared to the consensus estimate of $275.20 million. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Analysts expect that CDI Corp. will post $0.82 EPS for the current fiscal year.
CDI Corp. (NYSE:CDI) is an integrated engineering and technology services company.
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