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ADP Increases Cash Dividend

April 11, 2018 at 2:52 PM EDT

ROSELAND, N.J., April 11, 2018 (GLOBE NEWSWIRE) -- The board of directors of Automatic Data Processing, Inc. (Nasdaq:ADP) has declared a regular quarterly dividend of 69 cents per share payable July 1, 2018 to shareholders of record on June 8, 2018.  

This dividend increase of 10% represents a return to shareholders of a portion of the benefits from the Tax Cuts and Jobs Act of December 2017.  The Board of Directors anticipates consideration of another dividend increase in November 2018 consistent with ADP's historical pattern throughout its 43 year track record of annual dividend increases.

About ADP (Nasdaq:ADP)
Powerful technology plus a human touch.  Companies of all types and sizes around the world rely on ADP's cloud software and expert insights to help unlock the potential of their people.  HR. Talent. Benefits. Payroll. Compliance.  Working together to build a better workforce.  For more information, visit ADP.com.

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Source: Automatic Data Processing, Inc.

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Source: Automatic Data Processing (ADP)

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