PLANO, Texas, Dec. 19,
2014 /PRNewswire/ -- BG Staffing, Inc. (NYSE MKT:
BGSF), a rapidly growing national provider of temporary staffing
services across a diverse set of industries, today announced that
the Board of Directors has declared the Company's first quarterly
cash dividend.
A $0.15 quarterly dividend per
common share will be paid on January 30,
2015 to all shareholders of record as of the close of
business on December 31,
2014.
L. Allen Baker, Jr., President and CEO, said that, "Our Board is
fully committed to our newly initiated dividend program – and will
look to increasing that dividend as we continue to grow our Company
and our cash flow."
About BG Staffing, Inc.
Headquartered in Plano, Texas, BG Staffing provides staffing
services to a variety of industries through its information
technology, light industrial and multifamily divisions. BG Staffing
is a temporary staffing platform that has integrated several
regional and national brands and is set to achieve scalable growth.
The Company's acquisition philosophy is one that not only brings
financial growth, but unique and dedicated talent within the
companies. This has led to a strong management team, with tenure
and a desire to offer exceptional service to candidates, customers
and investors. Please visit www.bgstaffing.com for more
information.
Forward-Looking Statements
The forward looking
statements in this press release are made under the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
The Company's actual results could differ materially from those
indicated by the forward-looking statements because of various
risks and uncertainties including those listed in Item 1A of the
Company's Annual Report on Form 10-K and in the Company's other
filings and reports with the Securities and Exchange Commission.
All of the risks and uncertainties are beyond the ability of the
Company to control, and in many cases, the Company cannot predict
the risks and uncertainties that could cause its actual results to
differ materially from those indicated by the forward-looking
statements. When used in this press release, the words "believes,"
"plans," "expects," "will," "intends," and "anticipates" and
similar expressions as they relate to the Company or its management
are intended to identify forward-looking statements. Except as
required by law, the Company is not obligated to publicly
release any revisions to these forward-looking statements to
reflect the events or circumstances after the date of this press
release or to reflect the occurrence of unanticipated
events.
CONTACT:
Terri
MacInnis, VP of Investor Relations
Bibicoff + MacInnis, Inc.
818.379.8500
terri@bibimac.com
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SOURCE BG Staffing, Inc.