BGSF Updates Shareholder Engagement Strategy to Reflect Changing Business Conditions
Portfolio Pulse from Benzinga Insights
BGSF (NYSE:BGSF) is set to distribute a dividend payout of $0.15 per share on August 28, 2023, equating to an annualized dividend yield of 6.38%. However, the company has seen a decrease in both dividend per share and earnings per share from 2019 to 2022, which could indicate financial difficulties. BGSF leads its industry peers in terms of dividend yield, with Kforce (NASDAQ:KFRC) having the highest annualized dividend yield at 2.33%.

August 28, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BGSF's dividend payout and decrease in both dividend per share and earnings per share could indicate financial difficulties, potentially impacting its stock price.
BGSF's decrease in both dividend per share and earnings per share from 2019 to 2022 could indicate financial difficulties, which may impact investor confidence and potentially lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Kforce (NASDAQ:KFRC) has the highest annualized dividend yield at 2.33% among BGSF's industry peers.
Kforce's high annualized dividend yield compared to BGSF's industry peers could make it an attractive option for income-seeking investors, potentially impacting its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50