PLANO, Texas, Oct. 29, 2019 /PRNewswire/ -- BG Staffing,
Inc. (NYSE American: BGSF), a growing national provider of
professional temporary staffing services, 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 November 18,
2019 to all shareholders of record as of the close of
business on November 11, 2019.
This is the 20th consecutive quarterly dividend BG
Staffing has paid to holders of common stock. Based on yesterday's
closing price of the Company's common stock, the annualized yield
is approximately 6.2%
About BG Staffing, Inc.
Headquartered in Plano, Texas, BG Staffing provides staffing
services to a variety of industries through its various divisions.
BG Staffing is primarily a professional temporary staffing platform
that 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 BG Staffing's portfolio 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.
CONTACT:
Terri
MacInnis, VP of Investor Relations
Bibicoff + MacInnis, Inc.
818.379.8500 terri@bibimac.com
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SOURCE BG Staffing, Inc.
