Resources Connection declares quarterly dividend of $0.14 per share

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Resources Connection Intrinsic Value – RESOURCES ($NASDAQ:RGP): The company provides consulting and business services in the areas of finance, accounting, information technology, human resources, and legal to clients in a variety of industries. The dividend is payable on December 15 to shareholders of record on November 17. The ex-dividend date is November 16. This dividend declaration is consistent with the company’s commitment to returning value to shareholders.

Dividends

This dividend represents a $0.56 per share annualized dividend and a yield of 4.97%. This is the same dividend that was paid out last quarter and last year.

However, its dividend yields from 2021 to 2023 are 3.51%, 3.32%, and 3.93%, respectively. If you’re looking for dividend stocks, RECN could be a good option. It has a strong history of paying dividends and its yield is above average.

Stock Price

The company provides consulting, staffing, and technology solutions to a range of industries, including banking and financial services, healthcare, life sciences, manufacturing, and retail. The company is headquartered in Irvine, California, and its stock is traded on the Nasdaq Global Select Market under the ticker symbol RECN.

VI Analysis – Resources Connection Intrinsic Value Calculator

The company’s fundamentals reflect its long term potential. The fair value of Resources Connection, Inc. shares is around $17.2, calculated by VI Line. Now Resources Connection, Inc. stock is traded at $17.8, a fair price overvalued by 4%.

VI 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 great investment for those looking to diversify their portfolio or get involved in the professional services industry. The company has a strong track record of delivering quality services and has a robust client base.