Insperity Increases Dividend By 10%
Portfolio Pulse from Shivani Kumaresan
Insperity Inc (NYSE: NSP) has increased its dividend by 10% to $0.57 per share, to be paid on June 22, 2023. The company held $780 million in cash and equivalents as of March 31, 2023, and reported 12.2% revenue growth in Q1 FY23 to $1.8 billion.
May 24, 2023 | 4:10 pm
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Insperity Inc (NSP) increased its dividend by 10% to $0.57 per share, with a payment date of June 22, 2023. The company reported 12.2% revenue growth in Q1 FY23.
The increase in dividend by 10% is a positive signal for investors, as it indicates the company's strong financial position and commitment to shareholder returns. The 12.2% revenue growth in Q1 FY23 also shows the company's solid performance. This news is likely to have a positive short-term impact on NSP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100