BGSF Declares $2 Dividend After $99M Division Sale

BGSF Inc., a workforce solutions provider for the specialized property management industry, announced a special cash dividend of $2.00 per share payable on September 30, 2025, to shareholders of record as of September 23, 2025. This dividend follows the company's sale of its Professional Division for $99 million, and the Board views the payout as a prudent step to increase shareholder value while maintaining financial flexibility for future opportunities. Following the announcement, BGSF's stock experienced significant gains, climbing as much as 25% in late trading, reflecting investor optimism. However, analysts present mixed views, with price targets ranging from $5.50 to $10.50 and ratings spanning from Hold to Strong Buy, highlighting concerns about challenges such as declining revenue and profitability. The company continues to hold exclusive agreements with major property management firms across North America, providing trained talent and technological platforms to enhance operational efficiencies in residential and commercial leased properties. Overall, BGSF is navigating strategic transitions while aiming to maximize shareholder returns through capital allocation decisions.