Ex-Dividend Date Insight: Insperity

On May 26, 2021, Insperity NSP declared a dividend payable on June 24, 2021 to its shareholders. Insperity also announced that shareholders on the company's books on or before June 10, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Insperity, whose current dividend payout is $0.45, has an ex-dividend date set at June 9, 2021. The payout equates to a dividend yield of 1.98% at current price levels.

The Significance Of Ex-Dividend Dates

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Insperity's Dividend Payouts And Yields

Over the past year, Insperity has experienced an overall upward trend regarding its dividend payouts and a downward trend regarding its yields. Last year on June 5, 2020 the company's payout was $0.4, which has since grown by $0.05. Insperity's dividend yield last year was 3.3%, which has since decreased by 1.32%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on Insperity's previous dividends.