Insperity (NSP) will raise its quarterly dividend by 12.5 percent to 45 cents per share in 2021. This follows a dividend hike of 33.3 percent to $0.40 per share in the first quarter of 2020 and also marks 11 consecutive years of increases by the human resources solutions company.

The next cash dividend will be paid on June 24, 2021 to all stockholders of record as of June 10, 2021. A new annual rate of $1.80 per share yields 2.0% at a stock price of $90.71 for NSP. 

Insperity, Inc. provides a range of human resources and business solutions. 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 Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services and Insurance Services.