Kelly Services, Inc. (KELYB) to Issue Quarterly Dividend of $0.08

Kelly Services, Inc. (NASDAQ:KELYB) announced a quarterly dividend on Thursday, February 15th, RTT News reports. Shareholders of record on Monday, February 26th will be given a dividend of 0.075 per share by the business services provider on Monday, March 12th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Friday, February 23rd.

Kelly Services (NASDAQ:KELYB) traded down $0.07 during trading on Monday, hitting $29.00. The company’s stock had a trading volume of 300 shares, compared to its average volume of 167. The company has a market cap of $1,114.41, a P/E ratio of 16.02 and a beta of 0.73. Kelly Services has a 1-year low of $20.18 and a 1-year high of $29.07.

Kelly Services (NASDAQ:KELYB) last released its quarterly earnings results on Thursday, February 1st. The business services provider reported $0.80 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.18. The business had revenue of $1.42 billion during the quarter. Kelly Services had a return on equity of 7.92% and a net margin of 1.33%. During the same quarter in the prior year, the firm earned $0.55 earnings per share.

Separately, ValuEngine downgraded Kelly Services from a “buy” rating to a “hold” rating in a research note on Monday, December 11th.

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About Kelly Services

Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).

Dividend History for Kelly Services (NASDAQ:KELYB)

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