Kforce Inc dividend yield – Kforce Increases Quarterly Dividend by 20% to $0.36/Share, Yielding 2.5%

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Kforce Inc dividend yield – Kforce Inc ($NASDAQ:KFRC). (KFRC) has announced a quarterly dividend of $0.36 per share, which is a 20% increase from the prior dividend of $0.30. The dividend is payable on March 24 to shareholders of record on March 10, and the ex-dividend date is March 9. The forward yield stands at 2.5%. For more information, please visit the KFRC Dividend Scorecard, Yield Chart, and Dividend Growth.

Kforce Inc. specializes in staffing for accounting and finance, engineering, healthcare, human resources, legal, technology, and professional services. Kforce Inc. is a publicly traded company on the NASDAQ exchange. This increase in dividend yield reflects the company’s commitment to rewarding shareholders with a steady stream of income over time. As such, Kforce Inc. is an attractive option for investors who are looking for a reliable income stream from their investments.

Dividends – Kforce Inc dividend yield

Kforce Inc. recently announced their decision to increase the company’s quarterly dividend by 20% to $0.36/share, yielding 2.5%. This is a notable increase from the past three years, during which time KFORCE INC has issued annual dividend per share of 1.16, 0.98, and 0.8 USD. The new dividend yield of 2.5% is an impressive increase from the 2020 to 2022 dividend yields of 1.71%, 1.67%, and 2.43%, respectively. With an average dividend yield of 1.94% over the past three years, the new quarterly dividend will provide KFORCE INC shareholders with a higher return on their investment. The increased dividend payments come as part of KFORCE INC’s ongoing commitment to providing shareholders with an attractive return on their investments.

The company has made a point of increasing its dividend payments on an annual basis in recent years, and this latest increase further reinforces KFORCE INC’s commitment to its shareholders. Not only does this increased dividend payment provide shareholders with a higher return on their investments, but it also serves as a vote of confidence from the company in its overall financial stability. This increased dividend is an indication that KFORCE INC’s business model is sound and that the company is well positioned to generate long-term returns for its shareholders. The increased dividend yield of 2.5% offers investors an attractive return on their investments and serves as a sign of confidence in the company’s long-term prospects.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Kforce Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Kforce Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Kforce Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Kforce Inc are shown below. More…

Stock Price

Despite the good news, so far media exposure of the company has been mostly negative. On Monday, KForce Inc stock opened at $58.0 and closed at $57.5, down by 1.4% from last closing price of 58.3.

However, the overall trend remains negative and investors remain cautious about its future performance. Kforce Inc has a long record of delivering consistent dividends to its shareholders and this increase in dividend is yet another sign that the company is doing well. The company’s strong financial performance has allowed it to pay out increasing dividends to its shareholders, which should help improve investor sentiment in the stock. The increasing dividend is also a sign of Kforce Inc’s commitment to its shareholders and its focus on delivering long-term value to its investors. While the media exposure of the company has been mostly negative, this increase in dividend should help improve investor confidence in Kforce Inc and hopefully lead to an improvement in the company’s stock price going forward. Live Quote…

Analysis – Kforce Inc Intrinsic Value Calculator

GoodWhale conducted an analysis of KFORCE INC‘s wellbeing and found that the fair value of their stock is around $60.6. This figure was calculated using GoodWhale’s proprietary Valuation Line. Despite the fair value being around $60.6, KFORCE INC stock is currently traded at $57.5, which is a price that is undervalued by 5.2%. This discrepancy between fair value and the current trading price could present an opportunity for investors. With the stock price undervalued, investors may be able to purchase KFORCE INC stock at a discounted rate. Furthermore, investors may be able to capitalize on the market inefficiency and make a return if the stock price increases over time. Investors should keep in mind, however, that there are many factors that can affect the stock price of a company, and the current undervaluation may not last for long. Therefore, investors should conduct their own research before making any investment decisions. In addition to GoodWhale’s analysis, investors should consider things such as the company’s financials, its competitive position, and any potential risks associated with the investment. More…

Peers

The company has a strong presence in the United States, with a large number of employees and clients.

However, Kforce Inc. is not the only staffing and recruiting company in the market. There are a number of other companies that offer similar services, including Hudson Global Inc, Barrett Business Services Inc, and Quess Corp Ltd.

– Hudson Global Inc ($NASDAQ:HSON)

Hudson Global Inc is a staffing and recruitment company that assists businesses with finding the right candidates for their open positions. The company operates in over 20 countries and has a network of over 1,000 offices. Hudson Global Inc has a market cap of 102.67M as of 2022, a Return on Equity of 16.43%. The company has been in business for over 30 years and has a strong reputation in the industry.

– Barrett Business Services Inc ($NASDAQ:BBSI)

Barrett Business Services Inc is a US-based company that provides professional employer organization (PEO) services. PEO services are HR outsourcing solutions that help businesses with employee management, benefits, payroll, and compliance. The company has over 35,000 clients and employs over 100,000 people in the US. Barrett Business Services Inc has a market cap of $622.88M as of 2022 and a Return on Equity of 21.11%. The company has been in business for over 30 years and is a publicly traded company listed on the Nasdaq Stock Exchange.

– Quess Corp Ltd ($BSE:539978)

Quess Corp Ltd is a leading Indian business services provider with a market cap of 80.67B as of 2022. The company offers a range of services including staffing, facilities management, and technology solutions. Quess has a strong presence in India with over 2,000 customers and over 500,000 employees. The company’s return on equity (ROE) is 11.08%, which is significantly higher than the industry average of 9.35%. This indicates that Quess is efficient in generating profits for its shareholders. The company’s strong market position and efficient operations make it a attractive investment option for long-term growth.

Summary

Kforce Inc. (KFOR) is an American professional staffing services firm based in Tampa, Florida. The company recently announced an increase in their quarterly dividend to $0.36 per share, up 20% from its previous rate. This results in a 2.5% yield for investors. While the news of the dividend increase is positive, media coverage has mostly been negative on KFOR’s stock performance.

Investors should research KFOR further before making any decisions, weighing both the positives and negatives of the company. Analyzing factors such as financials, management, industry trends, and competitors should be taken into consideration. Overall, KFOR is a stock worth watching, but investors should proceed with caution.