Gevity Announces 22nd Consecutive Quarterly Dividend

Gevity GVHR, the leading provider of a comprehensive insourced employment management solution, declared a dividend of $0.09 per common share, payable on July 31, 2006 to shareholders of record on July 14, 2006.

The company expects to declare its dividends going forward simultaneously with its quarterly earnings announcements, beginning with the third quarter of 2006. "By aligning the dividend declaration with earnings results, we will more appropriately reflect the relationship between the company's performance and its dedication to increasing shareholder value," commented Erik Vonk, Chairman and Chief Executive Officer of Gevity.

Mr. Vonk concluded, "We have a steadfast commitment to building shareholder value as is reflected in the announcement of our 22nd consecutive quarterly dividend."

About Gevity

Gevity helps clients increase profits, grow sales and improve customer satisfaction through our comprehensive employee management solution. We serve as the insourced human resource department to small- and medium-sized businesses nationwide. Our unique approach integrates three key drivers of business success: workforce alignment, administrative relief and business protection. We deliver our solution through our innovative people, processing and portal approach, combining the resources of our highly skilled human resource consultants and our scalable, Web-enabled technology platform.

A copy of this press release can be found on the company's Web site at http://www.gevity.com .

More of this article can be read at MSN Money.

- ACA Talent