Insperity, Inc. (NYSE:NSP) declared a quarterly dividend of $0.60 per share, payable on March 20th to shareholders of record on March 6th. This translates to an annualized dividend of $2.40 and a yield of 10.3%. Despite the dividend announcement, the company’s shares fell by 7.6% after reporting an EPS miss and slightly lower-than-expected revenue, with analysts forecasting a future payout ratio of 78.7%.
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Insperity, Inc. Announces Quarterly Dividend of $0.60 (NYSE:NSP)
Insperity, Inc. (NYSE:NSP) declared a quarterly dividend of $0.60 per share, payable on March 20th to shareholders of record on March 6th. This translates to an annualized dividend of $2.40 and a yield of 10.3%. Despite the dividend announcement, the company’s shares fell by 7.6% after reporting an EPS miss and slightly lower-than-expected revenue, with analysts forecasting a future payout ratio of 78.7%.