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ManpowerGroup hikes dividend by 7.9%

ManpowerGroup (MAN) will raise its semi-annual dividend by 7.9 percent to $1.09 per share in 2019. This marks the 9th consecutive year of dividend increases by the provider of workforce solutions.

The dividend is payable on June 14, 2019 to shareholders of record as of the close of business on June 3, 2019. A new annualized rate of $2.18 per share yields 2.4%.

ManpowerGroup Inc. is a provider of workforce solutions and services, including Recruitment and Assessment, Training and Development, Career Management, Outsourcing and Workforce Consulting. The company's brands include Manpower, Experis, Right Management and ManpowerGroup Solutions. ManpowerGroup has paid a dividend every year since 1994.