Barrett Business Services approves dividend increase

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Vancouver-based Barrett Business Services Inc. said Tuesday that its board approved an 18 percent increase in the company's regular quarterly cash dividend, raising it from 11 cents per share to 13 cents per share. The cash dividend for the current quarter will be paid Dec. 14 to all stockholders of record as of Nov. 30.

"The increase in our dividend reflects the strength of our earnings and cash-flow generation," Michael Elich, president and CEO of BBSI, said in a news release.

The company provides human resource outsourcing and professional management consulting services.