Gevity HR Declares Quarterly Dividend of $0.05

On Friday, the Board of Directors of Gevity HR(R) (Nasdaq: GVHR) declared a quarterly dividend of $.05 per share, payable April 30, 2003, to shareholders of record as of April 15, 2003. Erik Vonk, chairman and CEO, stated, "The dividend reflects our confidence in the guidance for the year that we have previously announced of more than a 50% earnings per share growth. As we see it, 2003 will be characterized by an ongoing focus on managing expenses, improving gross profit per worksite employee, as well as increasing momentum in sales as we continue the growth and training of our sales force a...