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ADP Declares Regular Quarterly Dividend

The board of Automatic Data Processing (ADP) has declared a quarterly dividend of 91 cents per share.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

The board of Automatic Data Processing (ADP) has declared a quarterly dividend of 91 cents per share. This dividend will be payable on October 1, 2020 to shareholders recorded by September 11, 2020. This announcement reflects ADP's commitment to returning value to its shareholders. As a leader in HR, payroll, and benefits services, ADP continues to support its stakeholders amid economic fluctuations.

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Positive

  • Quarterly dividend of 91 cents per share announced.
  • Dividend payment reflects company's commitment to returning value to shareholders.

Negative

  • None.
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+1.30% session move Open Argus
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News Market Reaction – ADP

The recorded move for ADP in the trading session of this news was +1.30%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ROSELAND, N.J., Aug. 5, 2020 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of 91 cents per share payable October 1, 2020 to shareholders of record on September 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, LLC. All other marks are the property of their respective owners.

Copyright © 2020 ADP, LLC. 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

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/adp-declares-regular-quarterly-dividend-301107094.html

SOURCE ADP - IR

FAQ

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

What is the dividend payout date for ADP?

The dividend payout date for ADP is October 1, 2020.

When is the record date for ADP's dividend?

The record date for ADP's dividend is September 11, 2020.

How much is the quarterly dividend paid by ADP?

ADP has declared a quarterly dividend of 91 cents per share.

What does ADP's dividend announcement indicate about its financial health?

The dividend announcement indicates ADP's strong commitment to returning value to its shareholders, suggesting a stable financial position.

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