Adecco Group AG (OTCMKTS:AHEXY) to Issue $0.32 Dividend

Adecco Group AG (OTCMKTS:AHEXY) announced a dividend on Thursday, April 17th, investing.com reports. Shareholders of record on Friday, April 25th will be paid a dividend of 0.3169 per share by the business services provider on Friday, May 9th. This represents a yield of 2.4%. The ex-dividend date is Thursday, April 24th.

Adecco Group Stock Performance

Shares of OTCMKTS AHEXY opened at $13.11 on Friday. The stock’s fifty day moving average price is $14.00 and its two-hundred day moving average price is $13.68. The firm has a market cap of $4.42 billion, a price-to-earnings ratio of 13.66, a P/E/G ratio of 3.66 and a beta of 1.19. Adecco Group has a one year low of $11.08 and a one year high of $20.21. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.01 and a quick ratio of 1.01.

Adecco Group (OTCMKTS:AHEXY) last announced its quarterly earnings results on Wednesday, February 26th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. The company had revenue of $6.27 billion during the quarter. On average, equities analysts forecast that Adecco Group will post 1.32 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AHEXY shares. The Goldman Sachs Group raised Adecco Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 28th. BNP Paribas raised shares of Adecco Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 14th. One investment analyst has rated the stock with a sell rating, one has given a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.

About Adecco Group

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.