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 March 16, 2023, for stockholders of record by February 16, 2023. This dividend demonstrates the company's commitment to returning value to its shareholders amid its operations as a global consulting firm. RGP focuses on providing project execution services, leveraging experienced talent to meet client needs during business transformations and regulatory changes. With around 4,200 professionals and a client base including over 87% of the Fortune 100, RGP maintains a strong position in the market.

Positive

• Declared a dividend of $0.14 per share, enhancing shareholder value.
• Strong client portfolio, having served over 87% of the Fortune 100.
• Utilizes a flexible workforce model that aligns with industry trends.

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 March 16, 2023 to all stockholders of record on February 16, 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 4,200 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/20230120005494/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 announced in the press release?

RGP announced a cash dividend of $0.14 per share.

When will the RGP dividend be paid?

The RGP dividend will be paid on March 16, 2023.

Who is eligible to receive the RGP dividend?

Stockholders of record as of February 16, 2023, are eligible to receive the RGP dividend.

How does RGP's dividend reflect its financial health?

The declaration of a dividend indicates RGP's strong financial position and commitment to returning value to shareholders.