Korn Ferry declares $0.55 dividend, FY26 buybacks hit 1.8 million

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Korn Ferry declared a $0.55 per share cash dividend payable on July 31, 2026, to shareholders of record on July 6, 2026. The firm also repurchased 1.2 million shares in the quarter, totaling 1.8 million shares bought back in FY26.

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Korn Ferry announced its Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on July 31, 2026, to shareholders of record on July 6, 2026. The declaration reflects the company's commitment to returning capital to shareholders alongside its share repurchase program.

The global consulting firm repurchased 1.2 million shares during the quarter, bringing total share buybacks for FY26 to 1.8 million shares. This activity underscores a balanced approach to capital allocation and delivering long-term value, according to Gary D. Burnison, CEO of Korn Ferry.

Dividend and Repurchase Details

The following table outlines the key dates and figures for the capital allocation actions:

Event Date / Figure
Dividend per share $0.55
Record date July 6, 2026
Payment date July 31, 2026
Quarterly shares repurchased 1.2 million
Total FY26 shares repurchased 1.8 million

Korn Ferry operates as a global consulting firm, synchronizing strategy, operations, and talent to accelerate performance for clients across major industries.

How does Korn Ferry plan to balance dividend growth with continued share repurchases given potential market volatility?

What impact will the current pace of share buybacks have on Korn Ferry's earnings per share over the next fiscal year?

Will the company adjust its capital allocation strategy if free cash flow fluctuates due to economic downturns?

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Truist Securities raises Korn Ferry price target to $80

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Reviewed by
Radhika SScanX News Team
Key Highlights

Truist Securities analyst Tobey Sommer maintains a Buy rating on Korn Ferry and raises the price target to $80 from $75, indicating a positive outlook.

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Truist Securities analyst Tobey Sommer has maintained a Buy rating on Korn Ferry and raised the price target to $80 from $75. The adjustment reflects a revised outlook on the stock's valuation potential.

The rating update comes as the firm evaluates Korn Ferry's position in the market. The new price target of $80 represents an increase from the previous target of $75.

Metric Value
Rating Buy
Previous Price Target $75
New Price Target $80

What specific market trends or valuation metrics drove the upward revision of the price target?

How might Korn Ferry's performance be impacted by current economic conditions in the recruitment sector?

What are the key growth catalysts that could help Korn Ferry reach the new $80 price target?

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