Hackett Group Confirms $0.12 Dividend, Maintaining Industry Average Yield

The Hackett Group has announced a quarterly dividend of $0.12 per share, with an annual payment of 2.6% of the current stock price, which is in line with the average for the industry. The company's free cash flows comfortably cover the dividend, and earnings per share is forecast to rise by 83.9% over the next year. However, the payout ratio is expected to be 70%, which is considered comfortable. The company has a solid track record of paying dividends, but the dividend growth may be constrained by the massive payout ratio.