Staffing 360 Solutions Inc (STAF) Declares Quarterly Dividend of $0.01

Staffing 360 Solutions Inc (NASDAQ:STAF) announced a quarterly dividend on Wednesday, May 1st, Wall Street Journal reports. Investors of record on Friday, May 17th will be paid a dividend of 0.01 per share by the business services provider on Thursday, May 30th. This represents a $0.04 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Thursday, May 16th.

Shares of STAF stock opened at $1.58 on Wednesday. Staffing 360 Solutions has a twelve month low of $1.14 and a twelve month high of $5.65. The company has a debt-to-equity ratio of 8.50, a current ratio of 0.71 and a quick ratio of 0.71.

Staffing 360 Solutions (NASDAQ:STAF) last issued its quarterly earnings data on Wednesday, March 20th. The business services provider reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.04). The company had revenue of $74.09 million during the quarter, compared to analyst estimates of $80.00 million. On average, sell-side analysts expect that Staffing 360 Solutions will post -0.3 earnings per share for the current year.

Separately, Zacks Investment Research raised Staffing 360 Solutions from a “sell” rating to a “hold” rating in a report on Thursday, January 17th.

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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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