Boyd Group Services Inc. (NYSE:BGSI) to Issue C$0.16 Quarterly Dividend

Boyd Group Services Inc. (NYSE:BGSI) announced a quarterly dividend on Tuesday, March 17th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.156 per share on Tuesday, April 28th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, March 31st.

Boyd Group Services Stock Performance

BGSI opened at $162.05 on Wednesday. Boyd Group Services has a 1 year low of $136.81 and a 1 year high of $183.10. The business’s 50 day simple moving average is $167.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.44 and a current ratio of 0.59. The firm has a market cap of $4.51 billion, a P/E ratio of 218.99 and a beta of 0.68.

Hedge Funds Weigh In On Boyd Group Services

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. FIL Ltd bought a new stake in shares of Boyd Group Services in the 4th quarter worth $411,269,000. Mackenzie Financial Corp bought a new stake in shares of Boyd Group Services during the 4th quarter worth about $327,955,000. Bank of Montreal Can bought a new stake in Boyd Group Services during the fourth quarter valued at about $209,537,000. Royal Bank of Canada bought a new position in Boyd Group Services during the fourth quarter worth $204,276,000. Finally, Vanguard Group Inc. acquired a new stake in shares of Boyd Group Services during the 4th quarter worth approximately $187,263,000. Institutional investors own 0.17% of the company’s stock.

About Boyd Group Services

Boyd Group Services Inc is a North American operator of collision repair centers that provides vehicle repair, paint and refinishing, and auto glass replacement services. Its locations perform mechanical and cosmetic collision repairs, parts sourcing, and related warranty work, serving retail customers as well as business clients such as insurers and fleet operators. The company’s operations typically include estimating, repair planning, paint and body work, and post-repair quality assurance and customer service.

Headquartered in Winnipeg, Manitoba, Canada, Boyd Group Services operates across both Canada and the United States through a network of company-owned collision repair facilities under various local and regional brand names.