BGSF's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BGSF (NYSE:BGSF) announced a quarterly dividend of 15 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on February 27, 2024. The stock is expected to open 15 cents lower on the ex-dividend date.
February 13, 2024 | 2:45 pm
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BGSF announced a quarterly dividend of 15 cents per share, with an ex-dividend date this Friday. Eligible shareholders will receive the payout on February 27, 2024.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equivalent to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, BGSF is expected to open 15 cents lower on the ex-dividend date, indicating a direct impact on the stock price due to the dividend payout.
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