Insperity (NSP) Declares $0.57 Dividend
Insperity said on May 24, 2023 that its board of directors declared a regular quarterly dividend of $0.57 per share ($2.28 annualized). Previously, the company paid $0.52 per share.
Shares must be purchased before the ex-div date of June 7, 2023 to qualify for the dividend. Shareholders of record as of June 8, 2023 will receive the payment on June 22, 2023.
At the current share price of $111.66 / share, the stock's dividend yield is 2.04%.
Looking back five years and taking a sample every week, the average dividend yield has been 1.68%, the lowest has been 0.61%, and the highest has been 5.34%. The standard deviation of yields is 0.71 (n=236).
The current dividend yield is 0.51 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 0.39. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 0.30%, demonstrating that it has increased its dividend over time.
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What is the Fund Sentiment?
There are 687 funds or institutions reporting positions in Insperity. This is an increase of 24 owner(s) or 3.62% in the last quarter. Average portfolio weight of all funds dedicated to NSP is 0.24%, a decrease of 2.42%. Total shares owned by institutions decreased in the last three months by 0.17% to 37,666K shares. 
The put/call ratio of NSP is 0.38, indicating a bullish outlook.
Analyst Price Forecast Suggests 23.63% Upside
As of May 11, 2023, the average one-year price target for Insperity is 138.04. The forecasts range from a low of 129.28 to a high of $154.35. The average price target represents an increase of 23.63% from its latest reported closing price of 111.66.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Insperity is 6,522MM, an increase of 6.38%. The projected annual non-GAAP EPS is 5.38.
What are Other Shareholders Doing?
Mawer Investment Management holds 4,177K shares representing 10.93% ownership of the company. In it's prior filing, the firm reported owning 4,267K shares, representing a decrease of 2.14%. The firm increased its portfolio allocation in NSP by 101,392.45% over the last quarter.
FIL holds 1,277K shares representing 3.34% ownership of the company. In it's prior filing, the firm reported owning 1,280K shares, representing a decrease of 0.18%. The firm decreased its portfolio allocation in NSP by 42.09% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 1,098K shares representing 2.87% ownership of the company. In it's prior filing, the firm reported owning 1,101K shares, representing a decrease of 0.32%. The firm increased its portfolio allocation in NSP by 2.08% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,090K shares representing 2.85% ownership of the company. In it's prior filing, the firm reported owning 1,084K shares, representing an increase of 0.52%. The firm increased its portfolio allocation in NSP by 3.30% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 928K shares representing 2.43% ownership of the company. In it's prior filing, the firm reported owning 917K shares, representing an increase of 1.21%. The firm increased its portfolio allocation in NSP by 4.28% over the last quarter.
Insperity Background Information
(This description is provided by the company.)
Insperity®, a trusted advisor to America's best businesses for more than 34 years, provides an array of human resources and business solutions designed to help improve business performance. Offering the most comprehensive suite of products and services available in the marketplace, Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization® solution. Additional company offerings include Traditional Payroll and Human Capital Management, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Retirement Services and Insurance Services. With 2020 revenues of $4.3 billion, Insperity supports more than 100,000 businesses with over 2 million employees nationwide.
Key filings for this company:
This story originally appeared on Fintel.