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Unleashing Growth Potential: Resources Connection Surpasses Expectations with Strong Performance and Increasing Profits

Author: Benzinga Insights | September 21, 2023 11:05am

Today, September 21, 2023, Resources Connection (NASDAQ:RGP) will distribute a dividend payout of $0.14 per share, highlighting an annualized dividend yield of 3.54%. Shareholders who owned the stock before the ex-dividend date on August 23, 2023 will be eligible for this payout.

Resources Connection Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-23 4 $0.14 3.54% 2023-07-28 2023-08-24 2023-09-21
2023-05-17 4 $0.14 3.67% 2023-04-21 2023-05-18 2023-06-15
2023-02-15 4 $0.14 3.32% 2023-01-20 2023-02-16 2023-03-16
2022-11-16 4 $0.14 3.16% 2022-10-21 2022-11-17 2022-12-15
2022-08-23 4 $0.14 2.73% 2022-07-28 2022-08-24 2022-09-21
2022-05-10 4 $0.14 3.2% 2022-04-14 2022-05-11 2022-06-08
2022-02-16 4 $0.14 3.22% 2022-01-21 2022-02-17 2022-03-17
2021-11-17 4 $0.14 3.2% 2021-10-22 2021-11-18 2021-12-16
2021-08-25 4 $0.14 3.62% 2021-08-02 2021-08-26 2021-09-23
2021-05-12 4 $0.14 3.95% 2021-04-20 2021-05-13 2021-06-10
2021-02-17 4 $0.14 4.44% 2021-01-25 2021-02-18 2021-03-18
2020-11-18 4 $0.14 4.92% 2020-10-26 2020-11-19 2020-12-17

In the realm of dividend yield, Resources Connection reigns supreme among its industry peers, surpassing RELX (NYSE:RELX) with an annualized dividend yield of 2.02%.

Analyzing Resources Connection Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.54 in 2019 to $0.56 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For Resources Connection

earning chart graph

From 2019 to 2022, Resources Connection has demonstrated an upward trend in earnings, with earnings per share rising from $0.98 to $2.39. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.

Recap

This article takes an in-depth look at Resources Connection's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.14 per share today, translating to an annualized dividend yield of 3.54%.

In the realm of dividend yield, Resources Connection reigns supreme among its industry peers, surpassing RELX with an annualized dividend yield of 2.02%.

Given that Resources Connection has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

\To read more news on Resources Connection click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: RELX RGP

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