Staffing 360 Solutions Inc (STAF) to Issue Quarterly Dividend of $0.01 on February 28th

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Staffing 360 Solutions Inc (NASDAQ:STAF) declared a quarterly dividend on Wednesday, January 30th, NASDAQ reports. Investors of record on Friday, February 15th will be given a dividend of 0.01 per share by the business services provider on Thursday, February 28th. This represents a $0.04 annualized dividend and a yield of 2.72%. The ex-dividend date is Thursday, February 14th.

STAF opened at $1.47 on Wednesday. Staffing 360 Solutions has a 12 month low of $1.14 and a 12 month high of $5.65.

Staffing 360 Solutions (NASDAQ:STAF) last announced its earnings results on Monday, November 19th. The business services provider reported ($0.43) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.37). The business had revenue of $71.32 million during the quarter, compared to analyst estimates of $76.16 million. As a group, equities analysts predict that Staffing 360 Solutions will post -1.19 EPS for the current fiscal year.

STAF has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Staffing 360 Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, October 17th. ValuEngine lowered shares of Staffing 360 Solutions from a “buy” rating to a “hold” rating in a report on Friday, January 4th.

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About Staffing 360 Solutions

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. The company operates through three segments: Commercial – US, Professional – US, and Professional – UK. It focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.

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