|Bid||64.91 x 800|
|Ask||64.93 x 1100|
|Day's Range||64.05 - 65.60|
|52 Week Range||32.38 - 67.23|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||22.77|
|Forward Dividend & Yield||1.36 (2.10%)|
|Ex-Dividend Date||Nov 24, 2020|
|1y Target Est||N/A|
Staffing companies ManpowerGroup , Robert Half International , and True Blue were upgraded by a BMO Capital analyst Monday who cited his expectations for an economic recovery. Shares of ManpowerGroup were up 1.43% to $87.85, while Robert Half International was rising 7.38% to $65.49, and TrueBlue was jumped 11.32% to $19.63. Silber upgraded ManpowerGroup to outperform from market perform with a price target of $100, up from $76.
Shares of Robert Half International Inc. powered up 6.4% in afternoon trading Monday, after the staffing services company was upgraded by BMO Capital analyst Jeffrey Silber, citing expectations of a economic and labor market recovery. "We believe [Robert Half] will repeat its historical trend of outperforming early in a cyclical recovery," Silber wrote in a note to clients. "While this recovery will likely be choppy in the near term given rising COVID-19 cases and lockdowns, we believe investors are looking towards the recovery." Robert Half's stock has rallied 28.1% month to date, while the S&P 500 has gained 9.1%. He said he realizes the upgrade would have been "timelier" before the positive Pfizer Inc. vaccine candidate news, he still believes "upside remains" in Robert Half and other staffing stocks. Shares of ManpowerGroup gained 1.7%, TrueBlue Inc. shot up 10.7% and Cross Country Healthcare Inc. climbed 6.0%, as Silber also upgraded all three stocks to outperform from market perform.
Robert Half International (NYSE: RHI) declared a dividend payable on December 15, 2020 to its shareholders as of October 29, 2020. It was also announced that shareholders of Robert Half International's stock as of November 25, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Robert Half International, whose current dividend payout is $0.34, has an ex-dividend date set at November 24, 2020. The payout equates to a dividend yield of 2.79% at current price levels.Understanding Ex-Dividend Dates'Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Robert Half International's Dividend Performance Over the past year, Robert Half International has seen its dividend payouts and yields climb upward overall. Last year (November 22, 2019), the company's payout sat at $0.31, which has since increased by $0.03. Robert Half International's dividend yield last year was 2.13%, which has since grown by 0.66%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more about Robert Half International click here.See more from Benzinga * Click here for options trades from Benzinga * Benzinga's Top Upgrades, Downgrades For November 19, 2020 * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.