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ADP Increases Cash Dividend; Marks 50th Consecutive Year of Dividend Increases

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ADP announced a $0.14 increase in its quarterly cash dividend to an annual rate of $6.16 per share, marking its 50th consecutive year of dividend increases. The new quarterly dividend of $1.54 per share represents a 10% increase and will be distributed on January 1, 2025, to shareholders of record on December 13, 2024. The company joins the elite group of 'Dividend Kings', companies that have increased dividends for at least 50 consecutive years.

ADP ha annunciato un aumento di $0,14 nel suo dividendo in contante trimestrale, portandolo a un tasso annuale di $6,16 per azione, segnando il suo 50° anno consecutivo di aumenti dei dividendi. Il nuovo dividendo trimestrale di $1,54 per azione rappresenta un aumento del 10% e sarà distribuito il 1° gennaio 2025 agli azionisti registrati il 13 dicembre 2024. L'azienda entra a far parte dell'élite dei 'Dividend Kings', aziende che hanno aumentato i dividendi per almeno 50 anni consecutivi.

ADP anunció un aumento de $0.14 en su dividendo en efectivo trimestral, elevándolo a una tasa anual de $6.16 por acción, marcando su 50º año consecutivo de aumentos de dividendos. El nuevo dividendo trimestral de $1.54 por acción representa un aumento del 10% y se distribuirá el 1 de enero de 2025 a los accionistas registrados el 13 de diciembre de 2024. La compañía se une al grupo de élite de los 'Dividend Kings', empresas que han aumentado los dividendos durante al menos 50 años consecutivos.

ADP는 분기 현금 배당금을 주당 $6.16의 연간 비율로 $0.14 인상한다고 발표했으며, 이는 50년 연속 배당금 인상을 기록한 것입니다. 새 분기 배당금인 주당 $1.54는 10% 인상을 나타내며, 2025년 1월 1일에 2024년 12월 13일 기준의 주주에게 배분될 예정입니다. 이 회사는 50년 연속으로 배당금을 늘린 '배당왕(Dividend Kings)'의 엘리트 그룹에 합류합니다.

ADP a annoncé une augmentation de $0,14 de son dividende trimestriel en espèces, le portant à un taux annuel de $6,16 par action, marquant son 50e année consécutive d'augmentations de dividendes. Le nouveau dividende trimestriel de $1,54 par action représente une augmentation de 10% et sera distribué le 1er janvier 2025 aux actionnaires inscrits le 13 décembre 2024. L'entreprise rejoint le groupe d'élite des 'Dividend Kings', des sociétés qui ont augmenté leurs dividendes pendant au moins 50 années consécutives.

ADP gab bekannt, dass die quartalsweise Bardividende um $0,14 auf einen Jahresbetrag von $6,16 pro Aktie erhöht wird, was das 50. Jahr in Folge der Dividendensteigerungen markiert. Die neue quartalsweise Dividende von $1,54 pro Aktie stellt eine 10%ige Erhöhung dar und wird am 1. Januar 2025 an Aktionäre ausgezahlt, die am 13. Dezember 2024 registriert sind. Das Unternehmen reiht sich in die Elitegruppe der 'Dividend Kings' ein, Unternehmen, die die Dividenden seit mindestens 50 Jahren in Folge erhöht haben.

Positive
  • 10% increase in quarterly dividend to $1.54 per share
  • 50-year track record of consecutive dividend increases
  • Achieved 'Dividend Kings' status, indicating strong financial stability
  • Annual dividend rate increased to $6.16 per share
Negative
  • None.

ROSELAND, N.J., Nov. 6, 2024 /PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP) approved a $0.14 increase in the quarterly cash dividend to an annual rate of $6.16 per share, Maria Black, ADP's President and Chief Executive Officer, announced today.  The increased cash dividend marks the 50th consecutive year in which ADP, a leading global technology company providing human capital management (HCM) solutions, has raised its quarterly dividend.

"Our dividend is a cornerstone of our long-standing commitment to our shareholders and this 10% increase signifies the Board's confidence in the financial strength of ADP", said Maria Black, President and CEO of ADP.   "It's an exciting time as we mark our 50th consecutive year of dividend increases and celebrate 75 years of being at the forefront of workforce innovation.  We are proud to be included among the elite group of 'Dividend Kings', who have a history of increasing dividends for at least 50 consecutive years, and we remain focused on continuing to deliver strong results for our shareholders."

The new quarterly dividend rate of $1.54 per share will be distributed on January 1, 2025 to shareholders of record on December 13, 2024.

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.

Copyright © 2024 ADP, Inc. All rights reserved.

ADP - Investor Relations

Matthew Keating, CFA
973.974.3037
Matthew.Keating@adp.com

ADP - Media

Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com

 

(PRNewsfoto/ADP)

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SOURCE ADP - IR

FAQ

What is ADP's new quarterly dividend amount for 2025?

ADP's new quarterly dividend amount is $1.54 per share, effective January 1, 2025.

When will ADP (ADP) pay its next dividend?

ADP will pay its next dividend on January 1, 2025, to shareholders of record as of December 13, 2024.

How much did ADP increase its dividend in 2024?

ADP increased its quarterly dividend by $0.14, representing a 10% increase.

What is ADP's annual dividend rate for 2025?

ADP's new annual dividend rate is $6.16 per share.

How many consecutive years has ADP increased its dividend?

ADP has increased its dividend for 50 consecutive years, achieving 'Dividend Kings' status.

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121.40B
406.94M
0.12%
84.04%
1.6%
Software - Application
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United States of America
ROSELAND