Insperity, Inc. Declares Special Dividend, Payable on December 20, 2021
November 22, 2021 at 08:45 am EST
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Insperity, Inc. announced that its board of directors has declared a special cash dividend of $2 per share. The special dividend will be paid on December 20, 2021 to all stockholders of record as of December 6, 2021. The special dividend is expected to return to shareholders approximately $77 million.
Insperity, Inc. provides an array of human resources (HR) and business solutions designed to help improve business performance. The Companyâs HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, PEO HR Outsourcing Solutions). PEO HR Outsourcing Solutions encompasses a range of human resources functions, including payroll and employment administration, employee benefits, worker's compensation, government compliance, performance management, and training and development services, along with its Insperity Premier platform, which is a cloud-based human capital management platform. Workforce Optimization is the Companyâs primary HR outsourcing solution. Workforce Synchronization, which is generally offered only to its middle market client segment, offers a typically longer commitment that includes the same compliance and administrative services as Workforce Optimization.