TriNet Announces Quarterly Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

TriNet (NYSE: TNET), a leading provider of comprehensive HR solutions for SMBs, has announced a quarterly dividend of $0.25 per share of common stock. The dividend has a record date and ex-dividend date of October 1, 2024, with a payout date of October 28, 2024. This announcement demonstrates TriNet's commitment to returning value to shareholders and reflects the company's financial stability. The dividend payment may be of interest to income-focused investors and could potentially impact the stock's attractiveness in the market.

Positive

Dividend payment of $0.25 per share announced
Demonstrates company's ability to return value to shareholders
Indicates financial stability and positive cash flow

Negative

None.

09/18/2024 - 04:15 PM

DUBLIN, Calif., Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Board of Directors approved a dividend of $0.25 per share of the Company's common stock with a record date and ex-dividend date of October 1, 2024 and a payout date of October 28, 2024.

About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service industry-specific HR solutions, providing both professional employer organization (PEO) and human resources information system (HRIS) services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and R&D tax credit services, all enabled by industry-leading technology. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. For more information, visit TriNet.com or follow us on Facebook, LinkedIn and Instagram.