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Analyzing Robert Half International's Ex-Dividend Date

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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.

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Posted-In: Dividends