HireQuest's $0.06 Dividend and Future Earnings Projections

HireQuest has announced a dividend of $0.06 per share, with an annual payment of 2.5% of the current stock price, above the industry average. The dividend is sustainable as EPS is forecast to expand by 9.5% over the next year, and the payout ratio is expected to be 47%. However, the dividend has only been paid for a short period, and the company's earnings per share have fallen at 2.7% per year over the last five years, making future dividend growth uncertain.