Staffing 360 Solutions Inc to Issue Quarterly Dividend of $0.01 (NASDAQ:STAF)

Staffing 360 Solutions Inc (NASDAQ:STAF) declared a quarterly dividend on Thursday, August 15th, Fidelity reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of 0.01 per share by the business services provider on Friday, September 6th. This represents a $0.04 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Wednesday, August 21st.

Shares of NASDAQ STAF opened at $1.39 on Tuesday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 6.68. Staffing 360 Solutions has a 12 month low of $1.30 and a 12 month high of $3.46. The stock has a 50 day moving average of $1.64 and a 200-day moving average of $1.64. The company has a market capitalization of $12.15 million, a P/E ratio of -3.23 and a beta of 1.69.

In other news, Chairman Brendan Flood purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The stock was acquired at an average cost of $1.60 per share, with a total value of $80,000.00. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.60% of the company’s stock.

Separately, Zacks Investment Research raised Staffing 360 Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, July 4th.

Staffing 360 Solutions Company Profile

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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