Automatic Data Processing Inc Stock Price, News & Analysis

ADP has been recognized as a Leader in NelsonHall's Cloud-Based HR Transformation Services NEAT 2021 evaluation. This accolade highlights ADP's strong capabilities in meeting client needs with its integrated service and technology in Business Process Outsourcing solutions. The evaluation praised ADP for its efficiency-focused BPO offerings, including robust analytics and automation features. ADP's commitment to innovation, supported by a clear roadmap, solidifies its reputation in HR outsourcing, making it an attractive option for organizations seeking comprehensive HR and payroll solutions.

The ADP Research Institute® released its Workforce Vitality Report, indicating a 4.4% increase in overall U.S. wage growth for December 2021, with job holders experiencing 5.9% growth and job switchers at 8.0%. Notably, Generation Z job holders saw a significant 13.1% wage gain. Employment growth also rose by 5.0% year-over-year, driven mainly by the leisure and hospitality sector, despite its previous pandemic-related losses. The report highlighted strong gains in professional business services and IT sectors, reflecting a robust recovery in the labor market.

ADP Research Institute will publish its January reports on January 2, 2022, at 8:15 a.m. ET. The reports include the ADP National Employment Report, the ADP Small Business Report, and the ADP National Franchise Report.

The reports utilize payroll data from 460,000 clients and nearly 26 million workers, providing insights into private sector employment trends. A conference call with Chief Economist Nela Richardson will follow the report release at 8:30 a.m. ET to discuss the data.

ADP (Nasdaq: ADP) announced its second quarter fiscal 2022 financial results on January 26, 2022, alongside a revised outlook for the fiscal year. The company intends to provide detailed financial metrics and segment revenue information on its investor relations website and will hold a conference call for analysts the same day at 8:30 a.m. ET. Key financial metrics and earnings information from fiscal years 2020, 2021, and 2022 are also available for review.

ADP has announced the launch of multi-country payroll functionality integrated into ADP Workforce Now, enabling U.S. and Canadian businesses to manage payroll in over 50 countries seamlessly. This new feature addresses challenges of disconnected systems by providing native integration, enhancing data integrity and payroll efficiency while simplifying end-to-end payroll management. ADP emphasizes that as organizations expand globally, its technology will help ensure accurate and timely payroll for workers worldwide.

Automatic Data Processing (Nasdaq: ADP) has announced a quarterly dividend of $1.04 per share, payable on April 1, 2022 to shareholders recorded on March 11, 2022. This dividend reflects ADP's commitment to delivering shareholder value and signals confidence in its ongoing business performance.