Thursday Is Your Last Chance To Buy BGSF Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
BGSF (NYSE:BGSF) has announced a quarterly dividend of 15 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 28, 2023.
August 15, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BGSF's stock price is expected to decrease by the amount of the dividend (15 cents) on the ex-dividend date. This is a normal occurrence and does not reflect negatively on the company.
When a stock goes ex-dividend, the price of the stock is expected to decrease by the amount of the dividend. This is because the value of the dividend is no longer included in the price of the stock. However, this is a normal occurrence and does not reflect negatively on the company. Investors who own the stock prior to the ex-dividend date will receive the dividend, offsetting the decrease in the stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100