PLANO, Texas, July 31, 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 August 19,
2019 to all shareholders of record as of the close of
business on August 12, 2019.
This is the 19th 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 7.0%
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.