ADP Declares Regular Quarterly Dividend

The board of directors of Automatic Data Processing (Nasdaq: ADP) has declared a quarterly dividend of $1.25 per share.

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Rhea-AI Summary

The board of directors of Automatic Data Processing (Nasdaq: ADP) has declared a quarterly dividend of $1.25 per share. This dividend is payable on April 1, 2023 to shareholders on record as of March 10, 2023. This regular dividend showcases ADP's commitment to returning value to its shareholders.

Positive

Quarterly dividend of $1.25 per share demonstrates ongoing shareholder value.
Dividend payment reflects confidence in the company’s financial health.

Negative

None.

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News Market Reaction – ADP

The recorded move for ADP in the trading session of this news was +1.77%.

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01/11/2023 - 02:20 PM EST

ROSELAND, N.J., Jan. 11, 2023 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.25 per share payable April 1, 2023 to shareholders of record on March 10, 2023.

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 ADP - IR

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of the ADP dividend declared on January 11, 2023?

The board declared a quarterly dividend of $1.25 per share.

When will the ADP dividend be paid?

The dividend will be paid on April 1, 2023.

What is the record date for ADP's dividend?

The record date for the dividend is March 10, 2023.

How frequently does ADP pay dividends?

ADP pays dividends quarterly.

Is the ADP dividend sustainable?

The sustainability of the ADP dividend depends on the company's ongoing financial performance and cash flow.

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