Insperity Raises Quarterly Dividend

Rhea-AI Summary

Insperity (NSP) has announced an increase in its quarterly cash dividend from $0.57 to $0.60 per share.

This decision was approved by the company's board of directors, and the dividend will be paid on June 21, 2024, to all shareholders of record as of June 7, 2024.

Insperity is recognized for providing HR and business performance solutions to leading American businesses.

Positive

• Quarterly cash dividend increased from $0.57 to $0.60 per share.
• Board of directors approved the dividend increase.
• Dividend payment scheduled for June 21, 2024, providing shareholder value.
• Strong financial position allowing for increased dividends.

Negative

• Increased dividends may limit available cash for other investments.
• Higher dividend payouts could indicate fewer growth opportunities.

HOUSTON--(BUSINESS WIRE)-- Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced that its board of directors has approved an increase in its quarterly regular cash dividend from $0.57 to $0.60 per share. The cash dividend will be paid on June 21, 2024 to all stockholders of record as of June 7, 2024.

About Insperity

Since 1986, Insperity’s mission has been to help businesses succeed so communities prosper. Offering the most comprehensive suite of scalable HR solutions available in the marketplace, Insperity is defined by an unrivaled breadth and depth of services and level of care. Through an optimal blend of premium HR service and technology, Insperity delivers the administrative relief, reduced liabilities and better benefit solutions that businesses need for sustained growth. With 2023 revenues of $6.5 billion and more than 90 locations throughout the U.S., Insperity is currently making a difference in thousands of businesses and communities nationwide. For more information, visit http://www.insperity.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240523768999/en/

Investor Relations Contact:

Douglas S. Sharp

Executive Vice President of Finance,

Chief Financial Officer and Treasurer

(281) 348-3232

Investor.Relations@Insperity.com

News Media Contact:

Cynthia Murga

Director of Public Relations

713-324-1414

Media@Insperity.com

Source: Insperity, Inc.

FAQ

What is the new quarterly dividend for Insperity (NSP)?

The new quarterly dividend for Insperity (NSP) is $0.60 per share.

When will the new Insperity (NSP) dividend be paid?

The new dividend will be paid on June 21, 2024.

What was the previous Insperity (NSP) quarterly dividend?

The previous quarterly dividend was $0.57 per share.

What is the record date for Insperity (NSP) dividend eligibility?

The record date for dividend eligibility is June 7, 2024.