BOYD GROUP SERVICES INC. ANNOUNCES FIRST QUARTER 2026 CASH DIVIDEND

Rhea-AI Summary

Boyd Group Services (NYSE: BGSI) announced a first-quarter 2026 cash dividend of C$0.156 per common share. The dividend is payable April 28, 2026 to shareholders of record at the close of business on March 31, 2026. Non-resident shareholders will be subject to applicable withholding taxes.

Positive

• Declared cash dividend of C$0.156 per share
• Dividend payable April 28, 2026
• Record date set for March 31, 2026

Negative

• Non-resident shareholders subject to withholding taxes

News Market Reaction – BGSI

+2.57%

8 alerts

+2.57% News Effect

-29.0% Trough in 4 hr 16 min

+$113M Valuation Impact

$4.50B Market Cap

1.4x Rel. Volume

On the day this news was published, BGSI gained 2.57%, reflecting a moderate positive market reaction. Argus tracked a trough of -29.0% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $113M to the company's valuation, bringing the market cap to $4.50B at that time.

Data tracked by StockTitan Argus on the day of publication.

WINNIPEG, MB, March 17, 2026 /PRNewswire/ - Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) today announced a cash dividend for the first quarter of 2026 of C$0.156 per common share. The dividend will be payable on April 28, 2026 to common shareholders of record at the close of business on March 31, 2026.

Shareholders who are non-residents of Canada will be subject to withholding taxes in respect of any dividends made by Boyd Group Services Inc.

ON BEHALF OF THE BOARD OF DIRECTORS
of Boyd Group Services Inc.

Mr. Brian Kaner, President & CEO

About Boyd Group Services Inc.

Boyd Group Services Inc. ("BGSI") is a Canadian corporation and controls The Boyd Group Inc. and its subsidiaries. BGSI shares trade on the Toronto Stock Exchange under the symbol BYD and on the New York Stock Exchange under the symbol BGSI.

About The Boyd Group Inc.

The Boyd Group Inc. ("Boyd") is one of the largest operators of non-franchised collision repair centres in North America in terms of number of locations and sales. Boyd operates locations in Canada under the trade names Boyd Autobody & Glass and Assured Automotive as well as in the U.S. under the trade name Gerber Collision & Glass. In addition, Boyd is a major retail auto glass operator in the U.S. with operations under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. Boyd also operates a third-party administrator, Gerber National Claims Services, that offers glass, emergency roadside and first notice of loss services. Boyd also operates a Mobile Auto Solutions ("MAS") service that offers scanning and calibration services.

Caution concerning forward-looking information

Statements made in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities laws, including the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking information"). Forward-looking information can be generally identified by words such as "may", "will", "anticipate", "estimate", "expect", "intend", "continue", "should", "believe" or the negatives thereof and similar variations. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results or events to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risks and uncertainties detailed under the "Business Risks and Uncertainties" section of the Company's current annual information form, the "Business Risks and Uncertainties" and other sections of the Company's management's discussion and analysis of operating results and financial position and in the Company's other periodic filings with the Canadian securities regulatory authorities and the SEC from time to time, available at www.sedarplus.com and www.sec.gov, respectively. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. All forward-looking information presented herein should be considered in conjunction with such filings. Although the Company believes the expectations reflected in such forward-looking information and the assumptions upon which it is based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking information, and it should not be unduly relied upon. There can be no assurance that such expectations and assumptions will prove to be correct. The forward-looking information contained in this press release describes the expectations of the Company as of the date of this press release. Except as required by law, the Company does not undertake to update or revise any forward-looking information contained herein, whether as a result of new information, future events or for any other reason. The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement.

 

View original content:https://www.prnewswire.com/news-releases/boyd-group-services-inc-announces-first-quarter-2026-cash-dividend-302715670.html

SOURCE Boyd Group Services Inc.

FAQ

What dividend did Boyd Group Services (BGSI) declare for Q1 2026?

Boyd Group Services declared a cash dividend of C$0.156 per common share. According to the company, the dividend applies to common shareholders of record at the close of business on March 31, 2026 and is payable April 28, 2026.

When is the BGSI dividend payable and what is the record date for Q1 2026?

The BGSI dividend is payable on April 28, 2026 and the record date is March 31, 2026. According to the company, shareholders on the register at close of business March 31 will receive the cash dividend on the payable date.

How will withholding taxes affect non-resident holders of BGSI shares for the Q1 2026 dividend?

Non-resident holders will be subject to applicable withholding taxes on the BGSI dividend payment. According to the company, tax rates depend on residency and tax treaties and will be applied to dividend amounts before payment.

Do common shareholders of Boyd Group Services (BGSI) need to be on record to receive the Q1 2026 dividend?

Yes. Only common shareholders of record at the close of business on March 31, 2026 will receive the dividend. According to the company, being on the shareholder register at that date determines eligibility for payment on April 28, 2026.

Will Boyd Group Services (BGSI) pay the Q1 2026 dividend in U.S. dollars to NYSE shareholders?

The announced dividend is denominated in Canadian dollars (C$0.156 per share). According to the company, payment terms specify the dividend amount in Canadian dollars; local brokers may convert amounts for U.S.-listed holders.