Barrett Business Services, Inc. (NASDAQ:BBSI) will begin trading ex-dividend on November 19, 2020. The quarterly dividend payment of $ 0.30 per share is scheduled to be paid on December 4, 2020. The dividend yield based on the latest trading day closing price was 1.71 percent. Shareholders who purchased BBSI shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Barrett Business Services, Inc. recently reported third quarter financial results on November 3, 2020, after market close, the Vancouver based company posted income for the third quarter of $ 2.40 per share, from the revenue of $ 227.51 million. The quarterly earnings decreased 25.93 percent while revenues reduced 8.25 percent compared with the same quarter last year.
Wall street analysts are predicting, BBSI to report 3Q20 income of $ 1.47 per share from revenue of $ 224.72 million. The bottom line results beat street analysts by $ 0.93 or 63.27 percent, at the same time, top line results outshined analysts by $ 2.79 million or 1.24 percent.
Stock Performance
On Friday, shares of Barrett Business Services, Inc. has traded high as $ 70.68 and has cracked $ 69.25 on the downward trend, reaching $ 70.05 with volume of 36.20 thousand shares.
According to the previous trading day, closing price of $ 70.05, representing a 154.72 % increase from the 52 week low of $ 27.25 and a 25.89 % decrease over the 52 week high of $ 93.66.
The company has a market capital of $ 535.62 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.
Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
