BGSF, Inc. Declares Quarterly Cash Dividend, Payable on March 2, 2023
February 13, 2023 at 04:05 pm EST
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BGSF, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on March 2, 2023, to all shareholders of record as of the close of business on February 23, 2023. This marks the 33rd consecutive quarterly dividend and based on the Friday's closing price of the Company's common stock, the annualized yield is approximately 3.9%.
BGSF, Inc. is a provider of consulting, managed services, and professional workforce solutions. The Company operates through two segments: Property Management and Professional. The Property Management segment is a provider of office and maintenance talent. It operates in 38 states and D.C. The Professional segment provides specialized talent and business consultants for information technology (IT), managed services, finance, accounting, legal and human resources. The segment operates across the United States in three divisions: IT, Managed Solutions, and Finance & Accounting, with the IT division providing additional nearshore and offshore solutions in Colombia and India. Its client partners include Fortune 500 companies, medium and small companies, as well as consulting firms engaged in systems integration projects. Its workforce services consist of on-demand or short-term assignments, consulting services, managed services and on-site management administration.