Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It also provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics. The company has a strategic alliance with Kotter International, Inc. to accelerate joint business development initiatives. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.
Resources Connection Dividend Announcement
• Resources Connection announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-15
• Resources Connection annual dividend for 2024 was $0.56
• Resources Connection annual dividend for 2023 was $0.56
• Resources Connection's trailing twelve-month (TTM) dividend yield is 6.53%
• Resources Connection's payout ratio for the trailing twelve months (TTM) is 154.29%
• Resources Connection's dividend growth over the last five years (2018-2023) was -2.33% year
• Resources Connection's dividend growth over the last ten years (2013-2023) was 7.97% year
Resources Connection Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.14 | quarterly | 2024-12-16 |
2024-08-23 | $0.14 | quarterly | 2024-09-20 |
2024-05-15 | $0.14 | quarterly | 2024-06-13 |
2024-02-14 | $0.14 | quarterly | 2024-03-14 |
2023-11-15 | $0.14 | quarterly | 2023-12-14 |
2023-08-23 | $0.14 | quarterly | 2023-09-21 |
2023-05-17 | $0.14 | quarterly | 2023-06-15 |
2023-02-15 | $0.14 | quarterly | 2023-03-16 |
2022-11-16 | $0.14 | quarterly | 2022-12-15 |
2022-08-23 | $0.14 | quarterly | 2022-09-21 |
2022-05-10 | $0.14 | quarterly | 2022-06-08 |
2022-02-16 | $0.14 | quarterly | 2022-03-17 |
2021-11-17 | $0.14 | quarterly | 2021-12-16 |
2021-08-25 | $0.14 | quarterly | 2021-09-23 |
2021-05-12 | $0.14 | quarterly | 2021-06-10 |
2021-02-17 | $0.14 | quarterly | 2021-03-18 |
2020-11-18 | $0.14 | quarterly | 2020-12-17 |
2020-08-26 | $0.14 | quarterly | 2020-09-24 |
2020-05-12 | $0.14 | quarterly | 2020-06-10 |
2020-02-19 | $0.14 | quarterly | 2020-03-19 |
2019-11-08 | $0.14 | quarterly | 2019-12-10 |
2019-08-21 | $0.14 | quarterly | 2019-09-19 |
2019-05-15 | $0.13 | quarterly | 2019-06-13 |
2019-02-12 | $0.13 | quarterly | 2019-03-13 |
2018-11-23 | $0.13 | quarterly | 2018-12-11 |
2018-11-09 | $0.13 | quarterly | |
2018-08-22 | $0.13 | quarterly | 2018-09-20 |
2018-05-16 | $0.12 | quarterly | 2018-06-14 |
2018-02-14 | $0.12 | quarterly | 2018-03-15 |
2017-11-15 | $0.12 | quarterly | 2017-12-14 |
2017-08-22 | $0.12 | quarterly | 2017-09-21 |
2017-05-16 | $0.11 | quarterly | 2017-06-15 |
2017-02-14 | $0.11 | quarterly | 2017-03-16 |
2016-11-15 | $0.11 | quarterly | 2016-12-15 |
2016-08-22 | $0.11 | quarterly | 2016-09-21 |
2016-05-17 | $0.10 | quarterly | 2016-06-16 |
2016-02-16 | $0.10 | quarterly | 2016-03-17 |
2015-11-23 | $0.10 | quarterly | 2015-12-24 |
2015-08-21 | $0.10 | quarterly | 2015-09-22 |
2015-05-19 | $0.08 | quarterly | 2015-06-18 |
2015-02-17 | $0.08 | quarterly | 2015-02-13 |
2014-11-18 | $0.08 | quarterly | 2014-11-14 |
2014-08-26 | $0.08 | quarterly | 2014-08-14 |
2014-05-20 | $0.07 | quarterly | 2014-05-15 |
2014-02-18 | $0.07 | quarterly | 2014-02-14 |
2013-11-19 | $0.07 | quarterly | 2013-11-14 |
2013-08-20 | $0.07 | quarterly | 2013-08-14 |
2013-05-14 | $0.06 | quarterly | 2013-05-13 |
2013-02-19 | $0.06 | quarterly | 2013-02-14 |
Resources Connection Dividend per year
Resources Connection Dividend growth
Resources Connection Dividend Yield
Resources Connection current trailing twelve-month (TTM) dividend yield is 6.53%. Interested in purchasing Resources Connection stock? Use our calculator to estimate your expected dividend yield:
Resources Connection Financial Ratios
Resources Connection Dividend FAQ
Other factors to consider when evaluating Resources Connection as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Resources Connection's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Resources Connection publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Resources Connection distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Resources Connection are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Resources Connection sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Resources Connection distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Resources Connection declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Resources Connection's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Resources Connection's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.