Kelly Services, Inc. Declares Quarterly Dividend of $0.08 (NASDAQ:KELYB)

Kelly Services, Inc. (NASDAQ:KELYB) announced a quarterly dividend on Tuesday, November 5th, Zacks reports. Shareholders of record on Wednesday, November 20th will be paid a dividend of 0.075 per share by the business services provider on Thursday, December 5th. This represents a $0.30 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, November 19th.

Shares of KELYB opened at $22.02 on Friday. Kelly Services has a twelve month low of $20.91 and a twelve month high of $29.43. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average of $25.77 and a two-hundred day moving average of $25.65. The company has a market cap of $861.22 million, a price-to-earnings ratio of 9.33 and a beta of 0.61.

Kelly Services (NASDAQ:KELYB) last released its quarterly earnings data on Wednesday, November 6th. The business services provider reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.07). Kelly Services had a net margin of 1.32% and a return on equity of 7.66%. The firm had revenue of $1.27 billion during the quarter. During the same period last year, the firm earned $0.56 earnings per share.

A number of research analysts have weighed in on KELYB shares. ValuEngine raised shares of Kelly Services from a “sell” rating to a “hold” rating in a report on Friday, November 1st. TheStreet cut shares of Kelly Services from a “b” rating to a “c+” rating in a report on Wednesday, November 6th.

Kelly Services Company Profile

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries worldwide. The company operates through three segments: Americas Staffing, Global Talent Solutions, and International Staffing. It provides trained employees for data entry, clerical, and administrative support roles across various industries; schools with instructional and non-instructional employees; support staff for seminars, sales, and trade shows; assemblers, quality control inspectors, and technicians for electronic assembly; maintenance workers, material handlers, and assemblers for light industrial works; scientists, and scientific and clinical research workforce solutions; engineering professionals across various disciplines, including aeronautical, chemical, civil/structural, electrical/instrumentation, environmental, industrial, mechanical, petroleum, pharmaceutical, quality, and telecommunications.

Further Reading: The four types of profit margin

Dividend History for Kelly Services (NASDAQ:KELYB)

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