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ADP Automatic Data Processing Inc

241.89
-0.14 (-0.06%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Automatic Data Processing Inc NASDAQ:ADP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.14 -0.06% 241.89 238.00 243.40 243.67 239.32 243.02 1,489,967 05:00:01

Automatic Data Processing Raises Quarterly Dividend by 12%

08/11/2023 1:49pm

Dow Jones News


Automatic Data Processing (NASDAQ:ADP)
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From Nov 2023 to May 2024

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By Colin Kellaher

 

Automatic Data Processing's board has raised the payroll processor's quarterly dividend by 12%, to $1.40 from $1.25.

The new payout, equal to $5.60 a year, represents an annual yield of about 2.52% based on Tuesday's closing price of $222.25, up from 2.25%.

The Roseland, N.J., company on Wednesday said the increased dividend is payable Jan. 1 to shareholders of record Dec. 8.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

November 08, 2023 08:34 ET (13:34 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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