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

Kelly Services, Inc. (NASDAQ:KELYB) declared a quarterly dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Tuesday, August 20th will be given a dividend of 0.075 per share by the business services provider on Friday, August 30th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Monday, August 19th.

Kelly Services has raised its dividend payment by an average of 14.5% annually over the last three years.

Kelly Services stock opened at $28.00 on Friday. Kelly Services has a 52 week low of $20.91 and a 52 week high of $34.30. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.04. The firm’s 50-day simple moving average is $26.67 and its 200 day simple moving average is $24.03. The firm has a market capitalization of $1.09 billion, a PE ratio of 10.98 and a beta of 0.60.

Kelly Services (NASDAQ:KELYB) last released its quarterly earnings data on Wednesday, August 7th. The business services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.56 by $0.16. Kelly Services had a net margin of 2.09% and a return on equity of 8.41%. The business had revenue of $1.37 billion for the quarter. During the same quarter in the prior year, the firm earned $0.54 earnings per share.

Separately, TheStreet upgraded shares of Kelly Services from a “c+” rating to a “b” rating in a research report on Monday, May 6th.

About Kelly Services

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.

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Dividend History for Kelly Services (NASDAQ:KELYB)

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