Adjusting to Market Challenges: BGSF Responds to Uncertain Conditions with Dividend and Earnings Adjustments

Today, November 28, 2023, marks an important moment for investors of BGSF BGSF. The company will distribute a dividend payout of $0.15 per share, demonstrating an annualized dividend yield of 6.32%. Remember, only shareholders prior to the ex-dividend date on November 17, 2023 are eligible for this payout.

BGSF Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-17 4 $0.15 6.32% 2023-11-08 2023-11-20 2023-11-28
2023-08-18 4 $0.15 6.38% 2023-08-09 2023-08-21 2023-08-28
2023-05-12 4 $0.15 6.09% 2023-05-04 2023-05-15 2023-05-22
2023-02-22 4 $0.15 3.87% 2023-02-13 2023-02-23 2023-03-02
2022-11-10 4 $0.15 4.82% 2022-11-02 2022-11-14 2022-11-21
2022-08-12 4 $0.15 4.79% 2022-08-03 2022-08-15 2022-08-22
2022-05-16 4 $0.15 5.05% 2022-04-27 2022-05-17 2022-05-24
2022-02-11 4 $0.15 4.28% 2022-02-03 2022-02-14 2022-02-22
2021-11-12 4 $0.12 3.92% 2021-11-03 2021-11-15 2021-11-22
2021-08-13 4 $0.12 4.15% 2021-08-05 2021-08-16 2021-08-23
2021-05-14 4 $0.1 2.88% 2021-05-06 2021-05-17 2021-05-24
2021-02-17 4 $0.1 2.84% 2021-02-08 2021-02-18 2021-02-26

In the realm of dividend yield, BGSF reigns supreme among its industry peers, surpassing Heidrick & Struggles Intl HSII with an annualized dividend yield of 2.19%.

Analyzing BGSF Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

As you can see, from 2019 to 2022, investors saw an average decrease in the company's dividend per share, decreasing from $1.20 in 2019 to $0.60 in 2022. This is not favorable for investors as it indicates a decline in the company's dividend payout over the years. Further analysis is recommended to understand the factors contributing to this decrease.

YoY Earnings Growth For BGSF

earning chart graph

Investors can observe a decrease in BGSF's earnings per share from $1.67 in 2019 to $1.37 in 2022. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.

Recap

This article takes an in-depth look at BGSF's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.15 per share today, translating to an annualized dividend yield of 6.32%.

In the realm of dividend yield, BGSF reigns supreme among its industry peers, surpassing Heidrick & Struggles Intl with an annualized dividend yield of 2.19%.

Given that BGSF has experienced a decrease in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is facing challenges in its financial standing, and there may be limitations in continuing to distribute profits to their investors at the same level.

Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.

[Track real-time stock fluctuations for BGSF on Benzinga.](https://www.benzinga.com/quote/BGSF (NYSE: BGSF))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: DividendsBZI-DP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!