HireQuest announces increased quarterly cash dividend of $0.06 per share
May 5, 2021
Dividend to be Paid on June 15, 2021, to Shareholders of Record on June 1, 2021
GOOSE CREEK, SC – )–HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand, temporary, and commercial staffing services, announced that its Board of Directors has declared an increased quarterly cash dividend of $0.06 per share, representing an annualized dividend yield of 1.3% based on the closing price of the Company’s common stock on May 4, 2021.
“Our franchisees are rebounding well,” commented Rick Hermanns, HireQuest’s CEO. “With the Snelling and Link acquisitions now closed and largely integrated our board has increased our quarterly dividend by 20% based on our continued confidence in our business and expectations regarding the economic recovery.”
The dividend will be paid on June 15, 2021. The record date is June 1, 2021.
The company intends to pay quarterly cash dividends on its common stock each year in March, June, September, and December, subject to final approval by the Board of Directors each quarter after its review of the Company’s financial performance.
– BUSINESS WIRE
About HireQuest
HireQuest, Inc. is a nationwide franchisor that provides on-demand labor and commercial staffing solutions in the light industrial, blue-collar, and commercial segments of the staffing industry for HireQuest Direct, HireQuest, Snelling, and LINK franchised offices across the United States. Through its national network of over 200 franchisee-owned offices in more than 35 states and the District of Columbia, HireQuest provides employment for approximately 60,000 individuals annually that work for thousands of customers in numerous industries including construction, light industrial, manufacturing, hospitality, clerical, medical, travel, and event services. For more information, visit www.hirequest.com.
