Korn/Ferry International (KFY) Plans $0.10 Quarterly Dividend

Korn/Ferry International (NYSE:KFY) declared a quarterly dividend on Wednesday, June 13th, RTT News reports. Investors of record on Tuesday, June 26th will be paid a dividend of 0.10 per share by the business services provider on Friday, July 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.63%.

Shares of NYSE KFY opened at $63.43 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.91 and a current ratio of 1.91. The firm has a market capitalization of $3.22 billion, a P/E ratio of 28.32 and a beta of 1.21. Korn/Ferry International has a 52-week low of $31.53 and a 52-week high of $68.34.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Wednesday, June 13th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.10. The business had revenue of $475.36 million for the quarter, compared to analysts’ expectations of $454.37 million. Korn/Ferry International had a return on equity of 12.72% and a net margin of 6.83%. The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.62 EPS. research analysts expect that Korn/Ferry International will post 2.63 EPS for the current fiscal year.

In other Korn/Ferry International news, Director Angel R. Martinez bought 2,000 shares of the firm’s stock in a transaction dated Friday, March 23rd. The stock was acquired at an average price of $50.30 per share, with a total value of $100,600.00. Following the completion of the transaction, the director now directly owns 5,030 shares in the company, valued at approximately $253,009. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Debra J. Perry sold 5,520 shares of the firm’s stock in a transaction on Friday, March 16th. The stock was sold at an average price of $51.00, for a total value of $281,520.00. Following the completion of the sale, the director now directly owns 26,452 shares of the company’s stock, valued at approximately $1,349,052. The disclosure for this sale can be found here. Company insiders own 1.01% of the company’s stock.

A number of equities analysts recently issued reports on the company. Zacks Investment Research upgraded Korn/Ferry International from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Friday, March 9th. Goldman Sachs Group assumed coverage on Korn/Ferry International in a research report on Tuesday, March 27th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Korn/Ferry International has a consensus rating of “Hold” and an average target price of $44.00.

Korn/Ferry International Company Profile

Korn/Ferry International, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive recruitment services that are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit industries.

Dividend History for Korn/Ferry International (NYSE:KFY)

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