Unleashing Growth Potential: Resources Connection Surpasses Expectations with Strong Performance and Increasing Profits
Portfolio Pulse from Benzinga Insights
Resources Connection (NASDAQ:RGP) is distributing a dividend payout of $0.14 per share, with an annualized dividend yield of 3.54%. The company has shown an upward trend in earnings from 2019 to 2022, with earnings per share rising from $0.98 to $2.39. It also surpasses RELX (NYSE:RELX) with an annualized dividend yield of 2.02%.
September 21, 2023 | 3:05 pm
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NEGATIVE IMPACT
Resources Connection surpasses RELX in terms of annualized dividend yield.
Being surpassed by Resources Connection in terms of annualized dividend yield could potentially have a negative impact on RELX's stock price, especially among income-seeking investors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Resources Connection's dividend payout and increasing earnings per share indicate a positive financial standing, which could lead to continued profit distribution to investors.
The company's increasing dividend payout and earnings per share indicate a strong financial position, which could lead to continued profit distribution to investors. This is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100