Resources Connection dividend – Resources Connection Inc Declares 0.14 Cash Dividend
June 2, 2023
🌥️Dividends Yield
On May 26, 2023, Resources Connection ($NASDAQ:RGP) Inc. declared a 0.14 cash dividend. Those who are searching for dividend stocks should look no further than RESOURCES CONNECTION. The company has paid out an annual dividend per share of 0.56 USD over the last three years, resulting in a dividend yield ranging from 3.06% in 2021 up to 4.97% in 2023, averaging 3.85%. Investors have the potential to earn a significant return on their investment through RESOURCES CONNECTION’s stock dividends.
Furthermore, the company’s commitment to regular dividend payments is also a signal of its financial stability and growth potential. As such, RESOURCES CONNECTION Inc. is an attractive option for any investor looking to build a portfolio of dividend stocks.
Share Price
On Friday, Resources Connection Inc announced that it would pay a 0.14 cash dividend to its shareholders. This news was welcomed positively by the market, with the stock price of RESOURCES CONNECTION opening at $15.3 and closing at $15.6, up by 1.3% from prior closing price of 15.4. This dividend announcement is expected to further strengthen investor confidence in the company. Resources Connection Inc is a professional services firm aiming to help clients drive business performance through the expertise of their human and financial capital. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Resources Connection. More…
| Total Revenues | Net Income | Net Margin |
| 808.23 | 63.12 | 8.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Resources Connection. More…
| Operations | Investing | Financing |
| 90.65 | 0.95 | -67.25 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Resources Connection. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 532.32 | 125.48 | 11.96 |
Key Ratios Snapshot
Some of the financial key ratios for Resources Connection are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.6% | 26.3% | 10.4% |
| FCF Margin | ROE | ROA |
| 11.2% | 13.1% | 9.9% |
Analysis – Resources Connection Intrinsic Value Calculator
At GoodWhale, we have taken a close look at RESOURCES CONNECTION‘s financials. Our proprietary Valuation Line indicates that the intrinsic value of RESOURCES CONNECTION share is around $17.0. Therefore, this stock represents a good buying opportunity for investors. More…
Peers
In recent years, the competition between Resources Connection Inc and its competitors has intensified, as the companies have fought for market share in the highly competitive consulting industry. Link and Motivation Inc have emerged as the two largest competitors, and both have been aggressively pursuing new business opportunities. ZICO Holdings Inc and Capita PLC are also major players in the industry, and all four companies are vying for a place in the top tier of the consulting industry.
– Link and Motivation Inc ($TSE:2170)
Link and Motivation Inc is a company that provides cloud-based human capital management solutions. Its market cap as of 2022 is $93.49 billion and its ROE is 20.5%. The company offers a suite of products that helps organizations manage their employee data, including employee onboarding, performance management, and compliance.
– ZICO Holdings Inc ($SGX:40W)
Mizuho Financial Group, Inc. is a Japanese bank holding company headquartered in Tokyo, Japan. The company was founded in 2000 and is the second-largest financial services company in Japan with over $2 trillion in assets. The company offers banking, securities, and other financial services to its customers. Mizuho has over 3,000 branches and over 60,000 employees. The company’s stock is listed on the Tokyo Stock Exchange and the New York Stock Exchange.
– Capita PLC ($LSE:CPI)
Capita PLC is a provider of outsourcing and professional services to the public and private sectors in the United Kingdom. It has a market cap of 429.49M as of 2022 and a Return on Equity of 14.08%. The company offers a range of services including IT, HR, marketing, customer contact, and property management.
Summary
Resources Connection is a dividend stock that offers an attractive dividend yield of 3.85%. Over the last 3 years, the company has issued an annual dividend per share of 0.56 USD with a yield ranging from 3.06% to 4.97%. This stock has a good track record of consistent dividend payments, making it an attractive choice for investors.
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