BBSI Increases Quarterly Cash Dividend to $0.13
Nov 06, 2012 (Marketwire via COMTEX) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (
"The increase in our dividend reflects the strength of our earnings and cash flow generation, as well as our prospects for future growth," said Michael Elich, President and CEO of BBSI. "We believe our pipeline of clients and prudent investment back into the overall organization will continue to fuel our growth and build shareholder value."
About BBSI
BBSI (
Forward-Looking Statements
Statements in this release about future events or performance are forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements. Factors that could affect future results include economic conditions in the Company's service areas, the effect of changes in the Company's mix of services on gross margin, the Company's ability to retain current customers and attract new customers, material deviations from expected future workers' compensation claims experience, the effect of changes in the workers' compensation regulatory environment in one or more of the Company's primary markets, the collectability of accounts receivable, and the effect of conditions in the global capital markets on the Company's investment portfolio, among others. Other important factors that may affect the Company's future prospects are described in the Company's 2011 Annual Report on Form 10-K. Although forward-looking statements help to provide complete information about the Company, readers should keep in mind that forward-looking statements may be less reliable than historical information. The Company undertakes no obligation to update or revise forward-looking statements in this release to reflect events or changes in circumstances that occur after the date of this release.
Company Contact:
Michael L. Elich
President and Chief Executive Officer
1-360-828-0700
Investor Relations:
Liolios Group, Inc.
Scott Liolios or Cody Slach
1-949-574-3860
Released November 6, 2012