BGSF Returns Value To Investors With $2 Special Dividend

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BGSF Inc. (NYSE:BGSF) shares surged after the company said its board approved a special cash dividend of $2.00 per share, payable Sept. 30 to shareholders of record as of Sept. 23. The dividend follows the sale of its Professional Division and reflects its plan to return value to investors.

Interim Co-CEOs Kelly Brown and Keith Schroeder said the dividend was the "most prudent step" to increase shareholder value while maintaining liquidity for future opportunities.