HireQuest, Inc. announces quarterly cash dividend of $0.05 per share

August 21, 2020

Dividend to be Paid on September 15, 2020, to Shareholders of Record on September 1, 2020

HireQuest, Inc. (Nasdaq: HQI), a national provider of back-office and operational support for franchised operators of on-demand and temporary staffing service providers, today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share, representing an annual dividend yield of 3% based on the closing price of the Company’s common stock on August 19, 2020.

The first dividend will be paid on September 15, 2020 for shareholders of record as of the close of business on September 1, 2020.

“Our consistent profitability, facilitated in part by our franchise model, enables the Company to return capital to shareholders,” commented Rick Hermanns, HireQuest’s President and Chief Executive Officer.



About HireQuest

HireQuest, Inc. is a nationwide franchisor that provides on demand labor solutions primarily in the light industrial and blue-collar segments of the staffing industry for HireQuest Direct and HireQuest franchised offices across the United States. Through its national network of approximately 136 franchisee-owned offices in 30 states and the District of Columbia, HireQuest provides employment for approximately 80,000 individuals annually that work for thousands of customers in numerous industries including construction, light industrial, manufacturing, hospitality, and event services. For more information, visit www.hirequest.com.