TriNet sets quarterly dividend at $0.275 per share

DUBLIN, Calif. - TriNet Group Inc. (NYSE: TNET), a provider of human resources solutions for small and medium-sized businesses, currently trading at $78.86 with a market capitalization of $3.92 billion, today declared a quarterly dividend of $0.275 per share. The company’s Board of Directors set the record date for April 1, 2025, with the ex-dividend date also falling on the same day. Shareholders can expect the dividend payout on April 28, 2025.

This announcement marks a continued commitment by TriNet to return value to its shareholders. According to InvestingPro data, the company maintains strong profitability with $4.99 billion in revenue and a healthy P/E ratio of 22.87x. The company, with a history of over 30 years, specializes in offering comprehensive HR services, including technology and expertise, that help businesses to attract and retain quality talent. TriNet’s solutions are designed to allow entrepreneurs to concentrate on growing their business while managing their workforce effectively.

The dividend is part of TriNet’s broader strategy to leverage its position in the human resources space to support the growth and development of small and medium-sized businesses. By providing access to premium benefits and a suite of HR tools, TriNet aims to empower these businesses in a competitive market.

Investors holding shares of TriNet can anticipate the dividend to be credited in late April, following the established schedule. The company’s approach reflects its stable financial standing and its ability to consistently support its dividend policy.

This financial move is based on a press release statement issued by TriNet and represents the company’s latest step in its financial strategy. As the dividend date approaches, shareholders are advised to take note of the key dates provided by the company for their financial planning. InvestingPro analysis shows the stock currently trading near its Fair Value, with analyst price targets ranging from $74 to $97. For deeper insights into TriNet’s financial health and future prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

TriNet’s stock performance and dividend yield are often of interest to investors looking to gauge the company’s health and the potential return on their investment. With this declaration, TriNet continues its practice of providing shareholder dividends, a sign of the company’s operational stability and confidence in its financial future.

In other recent news, TriNet Group reported its fourth-quarter 2024 earnings, surpassing expectations with an earnings per share of $0.44, compared to the forecasted $0.25, and revenue of $1.3 billion, exceeding the predicted $1.25 billion. Despite these positive results, the stock experienced a decline following a revision in the 2025 insurance margin, leading to a 10-15% reduction in the expected 2025 EBITDA. In a strategic move, TriNet finalized the sale of its subsidiary, TriNet Clarus R+D, to Arvo Tech, focusing its efforts on delivering high-value HR solutions to the small and medium-sized business market.

Analyst activity around TriNet has been mixed. Stifel analysts maintained a Buy rating with a price target of $97, expressing confidence in the company’s strategy to address growth issues and improve insurance margins. On the other hand, TD Cowen downgraded TriNet from a Buy to a Hold, lowering the price target to $74, citing a lack of immediate catalysts for stock performance. Meanwhile, Needham reiterated a Hold rating on TriNet shares, acknowledging the company’s strategic return to core competencies but noting potential challenges in 2025.

TriNet’s management has highlighted 2025 as a transitional year, with plans to exit its HRIS software-only business and focus on core offerings. The company expects revenue guidance for 2025 to be between $4.9 billion and $5.1 billion, with an adjusted EBITDA margin projected to be between 7-9%. Despite the mixed analyst outlooks, TriNet continues to focus on strategic initiatives aimed at enhancing its service offerings and financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.