BGSF, Inc. Declares 25th Consecutive Quarterly Dividend
02/08/2021 - 06:45 AM
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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BGSF Rankings
#3653 Ranked by Stock Gains
BGSF Stock Data
Industry
Human Resources Consulting Services
Sector
Professional, Scientific, and Technical Services
Tags
Commercial Services, Personnel Services, Professional, Scientific, and Technical Services, Human Resources Consulting Services
Country
US
City
Plano
About BGSF
bgsf (nyse: bgsf) is nationwide leader in strategic workforce solutions. headquartered in plano, texas, bgsf provides workforce solutions to a variety of industries through its various brands. our family of professional staffing companies brings more than 100 years of experience to the table. brands of bgsf include: - instaff: end-to-end workforce and onsite management solutions for warehousing, manufacturing, administration and call centers- bg multifamily: front office and maintenance temporary talent for apartment communities - bg talent: onsite commercial real estate professionals- donovan & watkins: accounting & finance, hr, engineering, legal and administrative talent - smart resources accountable search: accounting & finance and administrative talent - american partners: epm, cpm, and erp. specializing in oracle, hyperion and peoplesoft- extrinsic: erp and hcm workforce solutions. specializing in workday and sap - vision technology services: it consulting and project