Barrett Business Services, Inc. to Issue Quarterly Dividend of $0.08 (NASDAQ:BBSI)

Posted by Tyrone Williams on Mar 12th, 2025

Barrett Business Services, Inc. (NASDAQ:BBSI – Get Free Report) announced a quarterly dividend on Monday, February 24th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.08 per share by the business services provider on Friday, March 28th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Friday, March 14th.

Barrett Business Services has raised its dividend by an average of 1.1% per year over the last three years. Barrett Business Services has a payout ratio of 12.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Barrett Business Services to earn $2.21 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 14.5%.

Barrett Business Services Stock Performance

NASDAQ BBSI opened at $39.56 on Wednesday. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 20.88, a PEG ratio of 1.21 and a beta of 1.31. The business has a 50 day simple moving average of $42.04 and a 200 day simple moving average of $40.27. Barrett Business Services has a 52-week low of $28.42 and a 52-week high of $44.97.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BBSI. Barrington Research reaffirmed an “outperform” rating and issued a $45.00 target price on shares of Barrett Business Services in a research report on Wednesday. StockNews.com upgraded Barrett Business Services from a “hold” rating to a “buy” rating in a report on Friday, March 7th.

Check Out Our Latest Research Report on BBSI

Barrett Business Services Company Profile

(Get Free Report)

Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.