TriNet Group hikes dividend by 10%

TriNet Group (TNET) will hiked its quarterly dividend by 10% to $0.275 per share in 2025. This is the first ever dividend hike by the employment services company.

TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its Board of Directors approved a dividend of $0.275 per share of the Company's common stock with a record date and ex-dividend date of April 1, 2025 and a payout date of April 28, 2025.

The dividend yield for TNET is 1.4% at a stock price of $78.86. This is the first ever dividend hike by the company since a dividend was initiated last year at 25 cents quarterly per share.

TriNet provides comprehensive HR solutions, technology, expertise, and access to world-class benefits that enable small and medium-sized businesses (SMBs) to attract and develop top-tier talent. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people.