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ADP Declares Regular Quarterly Dividend

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

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.

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Positive

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

Negative

  • None.

News Market Reaction – ADP

+1.77%
1 alert
+1.77% News Effect

On the day this news was published, ADP gained 1.77%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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. 

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-declares-regular-quarterly-dividend-301719509.html

SOURCE ADP - IR

FAQ

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.
Automatic Data Processing Inc

NASDAQ:ADP

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ADP Stock Data

82.14B
401.97M
Software - Application
Services-computer Processing & Data Preparation
Link
United States
ROSELAND