Published on 9 Dec 2023 on Simply Wall St. via Yahoo Finance
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Kforce Inc. (NASDAQ:KFRC) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Accordingly, Kforce investors that purchase the stock on or after the 14th of December will not receive the dividend, which will be paid on the 29th of December.
The company's next dividend payment will be US$0.36 per share. Last year, in total, the company distributed US$1.44 to shareholders. Based on the last year's worth of payments, Kforce has a trailing yield of 2.1% on the current stock price of $69.07. If you buy this business for its dividend, you should have an idea of whether Kforce's dividend is reliable and sustainable. As a result, readers should always check whether Kforce has been able to grow its dividends, or if the dividend might be cut.
See our latest analysis for Kforce