Automatic Data Processing, Inc.

ADP

US0530151036

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 04:00:01 2024-04-23 pm EDT			5-day change	1st Jan Change
246.8 ^USD	+0.20%		+1.06%	+5.94%

Apr. 03	Peltz loses at Disney but his investors win; changes may still be ahead	RE
Apr. 03	Automatic Data Processing Keeps Quarterly Dividend at $1.40 Per Share, Payable July 1 to Shareholders on June 14	MT

Automatic Data Processing : ADP Increases Cash Dividend; Marks 46th Consecutive Year of Dividend Increases

November 11, 2020 at 08:31 am EST

ROSELAND, N. J., Nov. 11, 2020 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) approved a $0.02 increase in the quarterly cash dividend to an annual rate of $3.72 per share, Carlos Rodriguez, ADP's president and chief executive officer, announced today. The increased cash dividend marks the 46^th consecutive year in which ADP, a leading global technology company providing human capital management (HCM) solutions, has raised its quarterly dividend.

"This increase in our quarterly dividend represents a strong signal of the board's confidence in ADP's future and our ability to navigate the present economic uncertainty. Our dividend is a cornerstone to our long-standing commitment to shareholder-friendly actions, and we are pleased to increase it for a 46^th consecutive year," said Carlos Rodriguez.

(PRNewsfoto/ADP)

The new quarterly dividend rate of $0.93 per share will be distributed on January 1, 2021 to shareholders of record on December 11, 2020.

About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. All other marks are the property of their respective owners.

ADP-Media

Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com

ADP-Investor Relations

Contact:
ADP Investor Relations
973.974.5858
Investor.Mail@ADP.com

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SOURCE Automatic Data Processing, Inc.

Latest news about Automatic Data Processing, Inc.

Peltz loses at Disney but his investors win; changes may still be ahead	Apr. 03	RE
Automatic Data Processing Keeps Quarterly Dividend at $1.40 Per Share, Payable July 1 to Shareholders on June 14	Apr. 03	MT
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on July 1, 2024	Apr. 03	CI
March Private Job Growth Beats Expectations, ADP Data Show	Apr. 03	MT
U.S. Hiring Surges in Fresh Challenge for Inflation Battle, ADP Reports	Apr. 03	DJ
Evercore ISI Raises Automatic Data Processing Price Target to $235 From $227, Maintains Underperform Rating	Mar. 26	MT
Add a little SaaS to your life	Mar. 14
Mizuho Securities Raises Price Target on Automatic Data Processing to $272 From $265, Maintains Buy Rating	Mar. 11	MT
February Private Job Growth Misses Expectations, January Vacancies Rise, ADP, JOLTS Data Show	Mar. 06	MT
U.S. Hiring Accelerated in February, ADP Reports	Mar. 06	DJ
Automatic Data Processing Insider Sold Shares Worth $291,833, According to a Recent SEC Filing	Mar. 05	MT
Automatic Data Processing Insider Sold Shares Worth $264,004, According to a Recent SEC Filing	Mar. 05	MT
Deutsche Bank Adjusts Automatic Data Processing Price Target to $265 From $245, Maintains Hold Rating	Feb. 29	MT
Workday beats quarterly profit estimates, expects macro concerns to continue in fiscal 25	Feb. 26	RE
Automatic Data Processing Insider Sold Shares Worth $485,520, According to a Recent SEC Filing	Feb. 23	MT
Automatic Data Processing Insider Sold Shares Worth $7,271,250, According to a Recent SEC Filing	Feb. 08	MT
Paycom forecasts Q1 revenue below estimates; names co-CEO	Feb. 07	RE
Automatic Data Processing Insider Sold Shares Worth $287,385, According to a Recent SEC Filing	Feb. 05	MT
Automatic Data Processing Insider Sold Shares Worth $2,776,585, According to a Recent SEC Filing	Feb. 05	MT
ADP Reports 'Strong' Q2, but Rising Competition, Weaker Employment Backdrop Pose Headwinds, Morgan Stanley Says	Feb. 01	MT
Citigroup Increases Price Target on Automatic Data Processing to $260 From $228, Maintains Neutral Rating	Feb. 01	MT
TD Cowen Raises Price Target on Automatic Data Processing to $243 From $240, Keeps Market Perform Rating	Feb. 01	MT
Morgan Stanley Raises Price Target on Automatic Data Processing to $270 From $250 Amid 'Strong' Fiscal Q2 Results; Equalweight Kept	Feb. 01	MT
January Private Job Growth Misses Expectations, ADP Data Show	Jan. 31	MT
ADP Shares Up 3.2% as Earnings Top Wall Street Views	Jan. 31	DJ

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Company Profile

Automatic Data Processing, Inc. is a computing services company organized around 2 areas of activity: - developing solutions of employment management for small and medium enterprises (66.8% of net sales); - developing solutions for human resources management (33.2%): audit services, management consultant, development management solutions (of pay, administration of staff, social statements, time and activities, careers and skills), training services, etc. Net sales are distributed geographically as follows: the United States (88.5%), Europe (7.3%), Canada (2.4%) and other (1.8%).

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IT Services & Consulting

Calendar

2024-05-01 - Q3 2024 Earnings Release

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A-

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HOLD

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246.8 USD

Average target price

257.9 USD

Spread / Average Target

+4.48%

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Automatic Data Processing, Inc.

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ADP

US0530151036

IT Services & Consulting

Automatic Data Processing : ADP Increases Cash Dividend; Marks 46th Consecutive Year of Dividend Increases

EPS Revisions