BG Staffing, Inc. Declares $0.30 Per Share Quarterly Cash Dividend
January 30 2020 - 4:15PM
Business Wire
BG Staffing, Inc. (NYSE: BGSF), a growing national provider of
workforce solutions, today announced that its Board of Directors
has declared a quarterly cash dividend of $0.30 per share of common
stock.
The dividend is payable on February 18, 2020 to all shareholders
of record as of the close of business on February 10, 2020.
This is the 21st consecutive quarterly dividend BGSF has paid to
holders of common stock. Based on yesterday’s closing price of the
Company’s common stock, the annualized yield is approximately
6.0%.
About BGSF
Headquartered in Plano, Texas, BGSF provides workforce solutions
to a variety of industries through its various divisions in IT,
Cyber, Finance & Accounting, Creative, Real Estate (apartment
communities and commercial buildings), and Light Industrial. BGSF
has integrated several regional and national brands achieving
scalable growth. The Company was ranked by Staffing Industry
Analysts as the 64th largest U.S. staffing company in the 2019
update and the 45th largest IT staffing firm in 2018. The Company’s
disciplined acquisition philosophy, which builds value through both
financial growth and the retention of unique and dedicated talent
within BGSF’s family of companies, has resulted in a seasoned
management team with strong tenure and the ability to offer
exceptional service to our field talent and client partners while
building value for investors. For more information on the Company
and its services, please visit its website at
www.bgstaffing.com.
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.
Source: BG Staffing, Inc.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200130005791/en/
Terri MacInnis, VP of Investor Relations Bibicoff + MacInnis,
Inc. 818.379.8500 terri@bibimac.com
BGSF (NYSE:BGSF)
Historical Stock Chart
From Jul 2024 to Jul 2024
BGSF (NYSE:BGSF)
Historical Stock Chart
From Jul 2023 to Jul 2024