Robert Half International (RHI) will raise its quarterly dividend by 11.8 percent to 38 cents per share in 2021. This comes after a dividend hike of 9.7 percent to $0.34 per share in the first quarter of 2020. The dividend has now been raised for 17 consecutive years by the world's largest specialized staffing firm.
The cash dividend will be paid on March 15, 2021, to all shareholders of record as of February 25, 2021. A new annualized dividend rate of $1.52 per share for RHI yields 2.1% at a stock price of $73.73.
Robert Half International Inc. provides specialized staffing and risk consulting services. The company's specialized staffing divisions include Accountemps, Robert Half Finance & Accounting and Robert Half Management Resources, for temporary, full-time and senior-level project professionals, respectively, in the fields of accounting and finance; OfficeTeam, for highly skilled administrative support professionals; Robert Half Technology, for project and full-time technology professionals; Robert Half Legal, for project and full-time staffing of lawyers, paralegals and legal support personnel; and The Creative Group, for creative, digital, marketing, advertising and public relations professionals. Robert Half also is the parent company of Protiviti, a global consulting firm that provides clients with consulting solutions in finance, technology, operations, data, analytics, governance, risk and internal audit. The company was founded in 1948 and has paid a dividend every year since 2004.