TriNet Group, Inc. (NYSE:TNET) to Issue Quarterly Dividend of $0.29

TriNet Group, Inc. (NYSE:TNET) announced a quarterly dividend on Thursday, March 19th. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.29 per share by the business services provider on Monday, April 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, April 1st. This is a 5.5% increase from TriNet Group’s previous quarterly dividend of $0.28.

TriNet Group has a dividend payout ratio of 22.5% meaning its dividend is sufficiently covered by earnings. Analysts expect TriNet Group to earn $3.50 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 31.4%.

TriNet Group Stock Performance

Shares of TNET stock opened at $36.90 on Friday. The company has a debt-to-equity ratio of 16.57, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $1.75 billion, a P/E ratio of 11.68 and a beta of 0.86. The firm’s 50 day moving average price is $48.26 and its 200-day moving average price is $57.00. TriNet Group has a one year low of $33.60 and a one year high of $88.56.

TriNet Group (NYSE:TNET) last posted its earnings results on Thursday, February 12th. The business services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.09. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $251.57 million. TriNet Group had a net margin of 3.09% and a return on equity of 215.01%. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 EPS. TriNet Group has set its FY 2026 guidance at 3.700-4.700 EPS. As a group, equities research analysts predict that TriNet Group will post 3.04 EPS for the current year.

TriNet Group Company Profile

TriNet Group, Inc is a leading professional employer organization (PEO) that offers integrated human capital management solutions to small and medium-size businesses. Through a bundled suite of services, TriNet manages payroll administration, employee benefits, workers’ compensation, risk mitigation and federal and state compliance. Its cloud-based platform provides clients with centralized access to HR tools, analytics and streamlined workforce management capabilities.

Founded in 1988 and headquartered in Dublin, California, TriNet has grown to support thousands of organizations across the United States.