sur BGSF, INC. (NASDAQ:BGSF)
BGSF, Inc. Details Special Cash Dividend of $2.00 Per Share
BGSF, Inc., based in Plano, Texas, has provided further details on its pending special cash dividend of $2.00 per share. This is set to be issued to holders of the company's common stock, payable on September 30, 2025. The pivotal date for those holding shares is September 23, 2025. Given the dividend exceeds 25% of the stock's trading price, NYSE mandates that shares will trade with "due bills" through September 30, 2025.
During this period, known as the Dividend Right Period, selling shareholders forfeit the right to the dividend. Sellers must pass on the dividend to buyers, with brokers handling due bill settlements. Investors are encouraged to consult brokers to understand NYSE's due bill processes impacting trades.
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