HireQuest sets quarterly dividend of $0.06 per share By Investing.com
© Reuters.
GOOSE CREEK, SC – HireQuest, Inc. (NASDAQ:HQI), a national recruiting services franchise, announced that it will pay a quarterly dividend of $0.06 per share to shareholders as of March 15, 2024. The declaration follows the company’s ongoing practice of providing returns to shareholders and reflects the organization’s current financial position and cash flows.
HireQuest operates through a franchise model with more than 400 offices across the United States and offers a variety of recruiting solutions, including direct dispatch, executive search, and commercial staffing. The company’s diverse portfolio serves a variety of sectors, including construction, light engineering, manufacturing and hospitality, and provides employment to approximately 81,000 people each year.
Company management cautions that although current dividends have been declared, future dividends are not guaranteed and must be approved by the board of directors on a quarterly basis after reviewing the company’s financial strength and cash requirements. Factors such as changes in tax law, financial performance, legal compliance and cash flow may affect the continuation of dividend payments.
Forward-looking statements regarding dividend payments and the Company’s performance are based on management’s current expectations and market conditions. However, there are also risks and uncertainties that could cause actual results to differ. These include, but are not limited to, potential changes in financing arrangements that could limit dividend payments, changes in corporate dividend tax laws, and a deterioration in HireQuest’s financial condition.
HireQuest’s financial activities and future prospects are detailed in its filings with the Securities and Exchange Commission, including its annual and quarterly reports. The Company emphasizes that it undertakes no obligation to update forward-looking statements, unless required to do so by law.
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