ADP Declares Regular Quarterly Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Automatic Data Processing, Inc. (Nasdaq: ADP) has announced a regular quarterly dividend of $1.40 per share. The dividend will be payable on October 1, 2024 to shareholders of record as of September 13, 2024. This declaration was made by ADP's board of directors, demonstrating the company's commitment to returning value to its shareholders. The consistent dividend payout suggests financial stability and confidence in the company's future performance.

Positive

Regular quarterly dividend of $1.40 per share maintained
Consistent dividend payout indicates financial stability
Demonstrates commitment to shareholder value

Negative

None.

News Market Reaction 1 Alert

-0.22% News Effect

On the day this news was published, ADP declined 0.22%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

08/07/2024 - 03:37 PM

ROSELAND, N.J., Aug. 7, 2024 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.40 per share payable October 1, 2024 to shareholders of record on September 13, 2024.

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.

ADP - Investor Relations

Investor Relations Contacts:
Matthew Keating, CFA
973.974.3037
Matthew.Keating@adp.com

ADP - Media

Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com