Resources Connection, Inc. Announces Quarterly Dividend and Dividend Payment Date

Rhea-AI Summary

Resources Connection, Inc. (RGP) announced a cash dividend of $0.14 per share, set to be paid on June 15, 2023, to stockholders on record as of May 18, 2023. This decision reflects the company's commitment to returning value to its shareholders while maintaining a strong presence in the global consulting market.

RGP specializes in project execution services, leveraging on-demand talent to address operational needs and change initiatives. The firm has supported over 87% of the Fortune 100 companies, positioning itself as a key player in workforce strategy amidst a competitive landscape for high-quality talent.

Positive

• Dividend of $0.14 per share enhances shareholder value.
• Strong market position with over 4,100 professionals servicing more than 2,100 clients worldwide.

Negative

• None.

IRVINE, Calif.--(BUSINESS WIRE)-- Resources Connection, Inc. (Nasdaq: RGP) (the “Company”) announced today that the Board of Directors has approved a cash dividend of $0.14 per share, payable on June 15, 2023 to all stockholders of record on May 18, 2023.

ABOUT RGP

RGP is a global consulting firm focused on project execution services that power clients’ operational needs and change initiatives utilizing on-demand, experienced and diverse talent. As a next-generation human capital partner for our clients, we specialize in co-delivery of enterprise initiatives typically precipitated by business transformation, strategic transactions or regulatory change. Our engagements are designed to leverage human connection and collaboration to deliver practical solutions and more impactful results that power our clients’, consultants’ and partners’ success. Our unique approach to workforce strategy strongly positions us to help our clients transform their businesses and workplaces, especially at a time when high-quality talent is increasingly scarce and the usage of a flexible workforce to execute transformational projects has become the dominant operating model. Our mission as an employer is to connect our team members to meaningful opportunities that further their career ambitions within the context of a supportive talent community of dedicated professionals. With approximately 4,100 professionals collectively engaged with over 2,100 clients around the world from nearly 40 physical practice offices and multiple virtual offices, we are their partner in delivering on the “now of work.” Headquartered in Irvine, California, RGP is proud to have served over 87% of the Fortune 100.

The Company is listed on the Nasdaq Global Select Market, the exchange’s highest tier by listing standards. To learn more about RGP, visit: http://www.rgp.com. (RGP-F)

View source version on businesswire.com: https://www.businesswire.com/news/home/20230421005057/en/

Media Contact:

Michael Sitrick

(US+) 1-310-788-2850

mike_sitrick@sitrick.com

Investor Contact:

Jennifer Ryu, Chief Financial Officer

(US+) 1-714-430-6500

jennifer.ryu@rgp.com

Source: Resources Connection, Inc.

FAQ

What is the dividend amount for RGP in 2023?

RGP announced a cash dividend of $0.14 per share.

When is the RGP dividend payment date?

The dividend is payable on June 15, 2023.

What is the record date for RGP's dividend?

The record date for the dividend is May 18, 2023.

How often does RGP pay dividends?

RGP's dividend payment frequency can vary; it's best to check their announcements for the latest information.

Is RGP's dividend sustainable?

While RGP's dividend reflects current shareholder value, future sustainability should be assessed based on the company's financial performance.