BGSF, Inc. Declares 25th Consecutive Quarterly Dividend
February 08 2021 - 6:45AM
Business Wire
BGSF, Inc. (NYSE: BGSF), a leading national provider of
workforce solutions, today announced that its Board of Directors
has declared a quarterly cash dividend of $0.10 per share of common
stock.
The dividend is payable on February 26, 2021 to all shareholders
of record as of the close of business on February 18, 2021. This
marks the 25th consecutive quarterly dividend and based on the
closing price of the Company’s common stock on Friday, February 5,
the annualized yield is approximately 3.0%.
“On behalf of the board of directors, we are pleased to announce
the continuation of our quarterly cash dividend, which underscores
our commitment to driving shareholder value while carrying out our
growth initiatives,” said Beth A. Garvey, President and CEO of
BGSF.
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 70th largest U.S. staffing company and the 50th
largest IT staffing firm in the 2020 updates. 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.bgsf.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. Forward-looking statements may
include, but are not limited to, statements regarding our future
financial performance and the expectations and objectives of our
board or management. 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 “allows,” “believes,” “plans,” “expects,” “estimates,”
“should,” “would,” “may,” “might,” “forward,” “will,” “intends,”
“continue,” “outlook,” “temporarily,” “progressing,” 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210208005137/en/
Hala Elsherbini or Steven Hooser Three Part Advisors
ir@bgstaffing.com 214.442.0016
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