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, with Thursday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Friday, which means it will likely open 15 cents lower. The dividend is scheduled to be paid on November 28, 2023.
November 14, 2023 | 2:45 pm
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NEUTRAL IMPACT
BGSF has declared a quarterly dividend of 15 cents per share. Thursday is the last day to buy the stock to be eligible for this dividend, with the ex-dividend date on Friday.
The announcement of a dividend typically has a neutral to positive impact on the stock price in the short term, as it may attract investors seeking income. However, the stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which is a standard practice and should not alarm investors. The importance is high as dividends are a significant event for shareholders, but the confidence is not at 100 because market reactions can be unpredictable.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100