Randstad (OTCMKTS:RANJY) Announces Dividend Increase – $0.84 Per Share

Randstad (OTCMKTS:RANJY) declared a dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.8427 per share by the business services provider on Wednesday, April 16th. The ex-dividend date of this dividend is Monday, March 31st. This is a 59.3% increase from Randstad’s previous dividend of $0.53.

Randstad Price Performance

Shares of RANJY stock traded down $0.08 during trading hours on Friday, hitting $22.42. The stock had a trading volume of 15,602 shares, compared to its average volume of 24,226. The stock’s 50-day moving average price is $21.50 and its two-hundred day moving average price is $22.11. Randstad has a one year low of $19.30 and a one year high of $27.58. The stock has a market capitalization of $8.11 billion, a price-to-earnings ratio of 64.06 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.10 and a quick ratio of 1.10.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.12 earnings per share (EPS) for the quarter. Randstad had a return on equity of 9.79% and a net margin of 0.53%. Equities analysts forecast that Randstad will post 1.63 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. BNP Paribas upgraded shares of Randstad to a “strong-buy” rating in a research report on Monday, December 16th. Sanford C. Bernstein upgraded Randstad from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 14th.

Randstad Company Profile

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.