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HireQuest (HireQuest) 3-Year Dividend Growth Rate : 33.90% (As of Dec. 2023)


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What is HireQuest 3-Year Dividend Growth Rate?

HireQuest's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

The historical rank and industry rank for HireQuest's 3-Year Dividend Growth Rate or its related term are showing as below:

HQI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 33.9   Med: 33.9   Max: 33.9
Current: 33.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HireQuest was 33.90% per year. The lowest was 33.90% per year. And the median was 33.90% per year.

HQI's 3-Year Dividend Growth Rate is ranked better than
86.8% of 341 companies
in the Business Services industry
Industry Median: 11.8 vs HQI: 33.90

During the past 3 years, the average Dividends Per Share Growth Rate was 33.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

HireQuest's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.00. As of today, HireQuest's Dividend Yield % is 2.02%.

Good Sign:

HireQuest Inc stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of HireQuest's 3-Year Dividend Growth Rate

For the Staffing & Employment Services subindustry, HireQuest's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HireQuest's 3-Year Dividend Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HireQuest's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where HireQuest's 3-Year Dividend Growth Rate falls into.



HireQuest 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


HireQuest  (NAS:HQI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

HireQuest's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.06/ 0.03
=2.00

During the past 13 years, the highest Dividend Payout Ratio of HireQuest was 0.51. The lowest was 0.26. And the median was 0.27.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

HireQuest Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

HireQuest's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.24/11.90
=2.02 %

Current Share Price is $11.90.
HireQuest's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

During the past 13 years, the highest Dividend Yield of HireQuest was 2.02%. The lowest was 0.52%. And the median was 1.19%.

Good Sign:

HireQuest Inc stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HireQuest 3-Year Dividend Growth Rate Related Terms>


HireQuest (HireQuest) Business Description

Traded in Other Exchanges
N/A
Address
111 Springhall Drive, Goose Creek, SC, USA, 29445
HireQuest Inc is a nationwide franchisor of offices providing direct-dispatch, executive search, and commercial staffing solutions in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. The company's franchisees provide various types of temporary personnel through two business models operating under the trade names HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI. The primary source of revenue for the company is royalty fees based on the operation of its franchised offices.
Executives
Lawrence F Hagenbuch director 600 CORPORATION DRIVE, PENDLETON IN 46064
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Kathleen M Shanahan director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Jack A. Olmstead director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Edward Jackson director, 10 percent owner 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Richard Hermanns director, 10 percent owner, officer: President and CEO 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
David S. Burnett officer: CFO C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Richard F & Lisa S Hermanns Dynasty Trust Dated July 16, 2008 10 percent owner 240 S PINEAPPLE AVENUE, 10TH FLOOR, SARASOTA FL 34236
Jd Smith director 13506 SUMMERPORT VILLAGE PARKWAY #160, WINDERMERE FL 34786
John Mcannar officer: Secretary, VP and GC 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Smith Cory officer: CFO and Treasurer 360 S. MONROE STREET, APT. 707, DENVER CO 80209
Payne Brown director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Brendan Simaytis officer: Executive VP & General Counsel COMMAND CENTER, INC., 3609 S. WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Steven Mark Bathgate director 5350 S ROSLYN, SUITE 380, ENGLEWOOD CO 80111
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404