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RWA Robert Walters Plc

346.00
0.00 (0.00%)
Last Updated: 11:50:41
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Robert Walters Plc RWA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 346.00 11:50:41
Open Price Low Price High Price Close Price Previous Close
346.00
more quote information »
Industry Sector
SUPPORT SERVICES

Robert Walters RWA Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
01/08/2024InterimGBP0.06529/08/202430/08/202427/09/2024
07/03/2024FinalGBP0.1702/05/202403/05/202431/05/2024
01/08/2023InterimGBP0.06531/08/202301/09/202329/09/2023
10/03/2023FinalGBP0.1727/04/202328/04/202326/05/2023
28/07/2022InterimGBP0.06501/09/202202/09/202230/09/2022
08/03/2022FinalGBP0.1521/04/202222/04/202220/05/2022
27/07/2021InterimGBP0.05402/09/202103/09/202101/10/2021
02/03/2021FinalGBP0.1106/05/202107/05/202104/06/2021
08/10/2020InterimGBP0.04515/10/202016/10/202006/11/2020

Top Dividend Posts

Top Posts
Posted at 24/10/2024 18:27 by hopesprings
Robert Walters, the £266 million recruiter, may fly under the radar of most investors given its relatively small size. But eagle-eyed income seekers may have spotted its 6 per cent dividend yield.
The company, which specialises in hiring for the legal, accountancy and technology sectors, has been struggling with a weak hiring market. Its most recent quarter was rough, with net fee income down 14 per cent year-on-year, and no signs of green shoots of a recovery. Within that, Asia Pacific was down 12 per cent at constant currency, Europe down 13 per cent and the UK — with uncertainty around employment legislation and fiscal changes ahead of the budget next week — performing the worst, down 19 per cent.
The recruiter has hinted it does not expect a revival in hiring until at least next year, mirroring recent comments by its London-listed rivals Hays and Page Group. As such the business has been slimming down, with headcount down to 3,466 from 4,200 a year ago.
For now the balance sheet looks strong enough to get the company through the remainder of the downturn, with £50 million of net cash excluding lease liabilities. Analysts at the broker Panmure Liberum expect it to end the year at around £60 million.
On average City analysts expect the dividend to land at 23.79p per share for the year, up only marginally from 23.5p last year, although investors looking for reliable long-term income should note that this payout is not covered by earnings of free cash flow.
The stock trades at an enterprise value to an expected cash profit ratio of 14.1, largely in line with Hays and Page Group, which trade at multiples of 13.7 and 15.3 respectively. It is certainly the most generous dividend payer, with a forecast yield of 6.7 per cent over the next 12 months, compared with the (still chunky) 4.8 per cent at Page Group and 3.8 per cent at Hays.
But given the high degree of uncertainty around the timing of a recovery in the hiring market, and the lack of earnings cover on cash payouts, the shares look fairly priced.
Advice Hold
Why Uncertainty in hiring market
Posted at 16/10/2024 11:56 by grabster
UK Budget is a fortnight away. From the hints being picked up so far, what impact might be expected on RWA/HAS/PAGE? And is any one of them likely to respond any differently from the other two?
Posted at 15/10/2024 10:24 by martinmc123
Much in line with the other 2 major UK recruitment firms, Q3 performance was soft as market conditions remain unfavourable with no imminent change in fortunes or turn for the better expected in the remainder of 2024 either. Q3 Group net fee income was down 12%. Headcount was down 4% quarter-on-quarter and down 17% year-on-year to 3,466. Management’s “assumption continues to be that material improvement in client and candidate confidence levels will be gradual and not likely to commence until 2025.” Share price is down today and approaching 3 year lows. The sector as a whole is still under pressure and is more likely to see new lows in the next couple of quarters rather than start turning higher. Still potential for the shorts here until the jobs market turns for the better...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/RWA/874
Posted at 21/3/2024 10:48 by disc0dave46
Hi EIHope all is well.Just your view on BRBY, sorry all for off topic.Could be a decent recovery but the debt now is putting me off, thoughts.PS still holding Page, like RWA but don't hold.
Posted at 21/3/2024 07:13 by pandaball
Yes, very fair, and I won’t deny I’m excited about this one. It has pulled off such swings during prior rate cut cycles (of course with their own circumstances - history no indicator of future, etc) and, to summarise very generally and from a global perspective as RWA is operating, the rate cut cycle is largely inflation driven while growth and employment continue to have traction (recession avoided). I think they can spring back quicker than analysts are estimating.
Posted at 06/4/2023 11:52 by kalai1
Robert Walters plc issued a Q1 trading update this morning flagging up a “slower start” to the year. Group net fee income was up 4% to £102.4m as the uncertain global macro-economic conditions continued to impact recruitment activity levels across a number of the Group's markets and disciplines. 84% of the Group's net fee income is now generated by international businesses, headcount was up 1% quarter-on-quarter to 4,403. The Group continues to have a solid balance sheet with net cash of £70.5m as at 31 March 2023. Valuation looks attractive with forward PE ratio at 8.4x and PS ratio at 0.3x. But share price lacks momentum and is currently extending its 15-month correction. A share to monitor for the time being...

...from WealthOracle
Posted at 30/3/2023 13:37 by disc0dave45
No problem, sorry nothing on Stocko from results in March.EI - reduction in cash looks primarily due to increased tax payment, the property investment and the share buyback (only had quick glance and not wishing to offend as not up to speed with RWA and no accountant!).
Posted at 30/3/2023 13:20 by disc0dave45
EIA summary from Paul Scott (Stockopedia) following their Jan update."together with SThree (LON:STEM) this is one of my favourite staffing groups. It's modestly rated on a fwd PER of 9.5, lovely divi yield of 4.9%, and a bulletproof balance sheet.On the downside earnings forecasts are now starting to drop, so it's probably seen peak earnings for now. So 2023 could be a bumpy ride, but I don't see much risk to the divis, which are 2.4x covered. Fine for long-term holders I think, but more nervous short-term traders might be a bit nervous about the outlook as economies slow. So, as with lots of things, how you view it depends on your investing timeframe. It's a quality business though, and reasonably priced, so I like it still."I bought Page as a play on the possibility we won't enter a recession and inflated wages thus their income would remain elevated following the wage increases due to inflation.
Posted at 11/10/2022 11:04 by kalai1
Robert Walters issued a Q3 trading update reporting strong performance and net fee income up 18% this morning. Group gross profit was £112m up 22% in actual currency, with all segments posting growth. 84% of the Group’s net fee income now comes from overseas. 2 new offices were opened during the period and headcount was up 5% to 4,267. The balance sheet remains strong with net cash at £93.5m at 30 September 2022. Valuation is also attractive with forward PE ratio at 8.3x, PS at 0.36x. Share price looks to have put a floor in through H2, but still lacks positive momentum for now. The macro environment remains the main cloud for the investment outlook. Other than that, RWA is a solid, profitable and attractively valued recruitment consultancy. Dividend yield at 4.7% is also pretty decent. Monitor for now, but will be well worth owning at some point in the next year or so...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/RWA/573
Posted at 30/9/2022 08:31 by hastings
Whilst RWA is a global business it is worth noting the news last week of the reversal of IR35 which may well prove beneficial to the business's contract and interim offerings, as companies will be able to recruit on a temporary basis with more flexibility come April of next year.