Insperity Keeps Its Dividend Steady
Insperity's board of directors this week declared a quarterly dividend of $0.17 per share. This is the same amount the human resource solutions provider has paid its investors since June 2012, after raising its amount 13% from $0.15.
The company's latest dividend will be paid on Sept. 27 to shareholders of record as of Sept. 6. The annualized amount for Insperity's dividend comes to $0.68 per share of common stock. As of the market's close on Aug. 20, the company's stock was trading at $33.30 , which means its current dividend yield is approximately 2%. The company has seen its stock price rise from $32.56 to $33.30, a 2.2% increase, since the beginning of 2013.
The article Insperity Keeps Its Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.