By Stephen Nakrosis
Korn Ferry said its board approved a 30% increase to the company's quarterly cash dividend, raising it to 48 cents per share from 37 cents.
The new dividend, $1.92 per share annually, represents a dividend yield of about 3%, based on Monday's closing share price of $62.52.
The dividend will be payable on April 15 to shareholders of record as of March 27.
Korn Ferry said it has increased its quarterly dividend for five consecutive years.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 10, 2025 16:59 ET (20:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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