Resources Connection Inc, known by the ticker symbol RGP, is a small cap consulting service firm in the industrial business sector. This is my first report on RGP for my Viital stock portfolio I most recently selected this company for my Vista portfolio (number 6) on February 8, 2021.

Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. 

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The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. 

Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.

The company has a strategic alliance with Kotter International, Inc. to accelerate joint business development initiatives. 

The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. 

Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.

Three key data points gauge any dividend equity or fund such as Resources Connection Inc (RGP):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

RGP Price

Resources Connection's price per share was $17.90 as of yesterday's market close. One year ago its price was $10.86. So, RGP's share price soared about 64.8% in the past year.

If RGP's stock trades in the range of $12 to $21.00 this next year, its recent $17.90 price could rise by $2.10 to reach $20.00 by November 2, 2022. My estimate is in line with the median of target price estimates from 3 analysts tracking RGP for brokerage houses.  

RGP Dividends

Resources Connection's most recently announced quarterly dividend of  $0.14 will payout on December 16th, to shareholders. The compounded annual payout of $0.56 yields 3.13% based on yesterday's $17.90 closing price. RGP has paid quarterly dividends increasing generally annually since September 2010: That is 11 years of increasing payouts. 

RGP Returns

Adding the $0.56 annual estimated RGP forward-looking dividend to my $2.10 price upside estimate shows a $2.66 potential gross gain, per share, to be reduced by any costs to trade RGP shares.  

At yesterday's $17.90 price per share, a little over $1000 would buy 56 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.18 per share.

Subtract that maybe $0.18 brokerage cost from my estimated $2.66 gross gain per share results in a net gain of $2.48 X 56 shares = $138.88 for a 13.85% net gain on a $1,002.40 investment.

So it is that Resources Connection Inc (RGP) shows a possible 13.85% net gain including a 3.13% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in Resources Connection Inc (RGP) could generate $31.30 in cash dividends alone. Note that a single share bought at yesterday's closing price was $17.90! Thus, Resources Connection's share price is about 42% less than the dividend income from $1000.00 invested. Thus, according to my dogcatcher ideal, now IS  the time to pickup RGP shares. The estimated next year's dividend from $1k invested is nearly 42% greater than the single share price. Consider yourself alerted. It's a sign! 

All of the estimates above are speculation based on the past history of Resources Connection Inc (RGP). Only time and money invested in this stock will determine its market value.