Insperity Inc. NSP said Wednesday that it raised its quarterly cash dividend by 9.6%, to 57 cents a share from 52 cents. The provider of human resources services said shareholders of record on June 8 will be paid the new dividend on June 22. Based on Tuesday’s stock closing price of $112.88, the new annual dividend rate implies a dividend yield of 2.02%, which compares with the implied yield for the S&P 500 SPX of 1.65%. Insperity’s stock, which was still unchanged in premarket trading, has slipped 0.6% year to date while the S&P 500 has gained 8.0%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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