BGSF, Inc. Declares A Special Cash Dividend Of $2.00/Share Of The Company's Common Stock

Author: Benzinga Newsdesk | September 11, 2025 04:46pm

PLANO, TX / ACCESS Newswire / September 11, 2025 / BGSF, Inc. (NYSE:BGSF) ("BGSF" or "the Company"), a leading provider of workforce solutions for the specialized property management industry, today announced that its Board of Directors has authorized and declared a special cash dividend of $2.00 per share of the Company's common stock, par value $0.01 ("Common Stock"), payable on September 30, 2025, to the holders of record of all of the issued and outstanding shares of Common Stock as of the close of business on September 23, 2025.

Interim Co-CEOs Kelly Brown and Keith Schroeder, in a joint statement, commented, "BGSF's Board of Directors concluded that this initial step in the allocation of capital received from the sale of our Professional Division was the most prudent step to increase shareholder value. The payout of this special dividend will leave us with significant liquidity and financial flexibility to address a range of opportunities. The Board, along with input from its financial advisor and management, will continue to evaluate the best capital allocation options to maximize shareholder value."

Posted In: BGSF