ADP Declares Regular Quarterly Dividend

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

Rhea-AI Summary

The board of Automatic Data Processing (ADP) has declared a quarterly dividend of $1.25 per share. This dividend will be payable on July 1, 2023, to shareholders of record on June 9, 2023. This decision reflects ADP's commitment to returning value to its shareholders amidst its focus on delivering innovative HR, payroll, and benefits solutions.

Positive

• Quarterly dividend of $1.25 per share enhances shareholder income.
• Dividend payment demonstrates company confidence in financial stability.

Negative

• None.

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News Market Reaction – ADP

In the trading session that priced this news, ADP gained 0.19%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ROSELAND, N.J., April 12, 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 July 1, 2023 to shareholders of record on June 9, 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. 

Copyright © 2023 ADP, Inc. All rights reserved.

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

Source: Automatic Data Processing, Inc.

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SOURCE ADP - IR

FAQ

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

What is the dividend amount declared by ADP?

ADP has declared a quarterly dividend of $1.25 per share.

When is the dividend payment date for ADP?

The dividend will be paid on July 1, 2023.

What is the record date for ADP's dividend?

The record date for the dividend is June 9, 2023.

How often does ADP pay dividends?

ADP pays dividends on a quarterly basis.

Is the dividend declared by ADP sustainable?

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