Yes, Hi-Yield Bug Blaster Bifenthrin 2.4 RTS is safe for pets if used as directed. Pets and people should be kept out of the area during application but can safely return once the product has dried.
Per the Hi-Yield Bug Blaster Bifenthrin 2.4 RTS product label: "Repeat application is necessary only if there are signs of renewed insect activity. Repeat application must be limited to no more than once per seven days."