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The Hackett Group Announces Change In Fourth Quarter Dividend Payment Date To December 30, 2020

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The Hackett Group (NASDAQ: HCKT) announced a revised payment date for its quarterly dividend of 9.5 cents per share, now set for December 30, 2020, for shareholders of record as of December 18, 2020. The previous payment date was January 9, 2021. Hackett is a strategic consultancy focused on digital transformation, having conducted nearly 18,000 benchmarking studies and serving major corporations globally. This change in dividend payment reflects the company’s ongoing commitment to providing value to shareholders.

Positive
  • Dividend payment of 9.5 cents per share is confirmed.
  • Payment date moved up, showing commitment to shareholders.
Negative
  • None.

The Hackett Group, Inc. (NASDAQ: HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm, today announced that the payment date for its quarterly dividend of 9.5 cents per share for its shareholders of record on December 18, 2020 has been changed to December 30, 2020 from January 9, 2021. The record date will remain December 18, 2020.

About The Hackett Group

The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm to global companies, with offerings that include cloud ERP, EPM and analytics implementation. Services include business transformation, enterprise analytics and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its distinguished Oracle, SAP, Coupa and OneStream practices.

The Hackett Group has completed nearly 18,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 90% of the Fortune 100, 83% of the DAX 30 and 57% of the FTSE 100. These studies drive Hackett’s Digital Transformation Platform which includes the firm's benchmarking metrics, best practices repository and best practice configuration guides and process flows, which enable The Hackett Group’s clients and partners to achieve digital world-class performance.

More information on The Hackett Group is available at: www.thehackettgroup.com, info@thehackettgroup.com, or by calling (770) 225-3600.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause The Hackett Group's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that impact such forward-looking statements include, among others, the impact of the coronavirus pandemic, including the duration and severity of the pandemic, the economic impact of the pandemic and the timing of an economic recovery, our ability to manage our business and capital resources through the pandemic, the ability of our products, services, or offerings mentioned in this release to deliver the desired effect, our ability to retain existing business, our ability to attract additional business, our ability to effectively market and sell our product offerings and other services, including those referenced above, the timing of projects and the potential for contract cancellations by our customers, especially given that our clients are also impacted by the coronavirus pandemic, changes in expectations regarding the business consulting and information technology industries, our ability to attract and retain skilled employees, possible changes in collections of accounts receivable due to the bankruptcy or financial difficulties of our customers, risks of competition, price and margin trends, foreign currency fluctuations, the impact of Brexit on our business, changes in general economic conditions and interest rates, our ability to mitigate the impact of the recent decline in our European operations, our ability to obtain debt financing through additional borrowings under our existing credit facility as well as other risks detailed in our Annual Report on Form 10-K for the most recent fiscal year and our Quarterly Report on Form 10-Q for the second fiscal quarter of fiscal 2020, each as filed with the Securities and Exchange Commission. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

FAQ

What is the new payment date for Hackett Group's dividend?

The new payment date for Hackett Group's dividend is December 30, 2020.

What is the amount of the Hackett Group's quarterly dividend?

The quarterly dividend amount for Hackett Group is 9.5 cents per share.

Who are the shareholders of record for Hackett Group's dividend?

The shareholders of record for Hackett Group's dividend are those holding shares as of December 18, 2020.

Is Hackett Group's dividend sustainable?

The press release does not provide specific details on the sustainability of Hackett Group's dividend.

Hackett Group Inc (The).

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