Media Center Banner

Media Center

ADP Increases Cash Dividend; Marks 44th Consecutive Year of Dividend Increases

November 6, 2018 at 8:00 AM EST

ROSELAND, N.J., Nov. 6, 2018 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) approved a $0.10 increase in the quarterly cash dividend to an annual rate of $3.16 per share, Carlos Rodriguez, ADP's president and chief executive officer, announced today.  The increased cash dividend marks the 44th consecutive year in which ADP, a leading provider of Human Capital Management (HCM) solutions, has raised its quarterly dividend.

"The new $0.79 quarterly dividend represents a 25% increase in the quarterly dividend compared to a year ago, and is a strong signal of the board's confidence in ADP's future and its commitment to shareholder friendly actions," said Carlos Rodriguez.

The new quarterly dividend rate of $0.79 per share will be distributed on January 1, 2019 to shareholders of record on December 14, 2018.

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.

ADP, the ADP logo, and ADP A more human resource are registered trademarks of ADP, LLC.   All other marks are the property of their respective owners. 

Copyright © 2018 ADP, LLC.

ADP-Media

ADP-Investor Relations

Contact:
ADP Investor Relations
973.974.5858
Investor.Mail@ADP.com

ADP A more human resource (PRNewsfoto/ADP, LLC)

 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/adp-increases-cash-dividend-marks-44th-consecutive-year-of-dividend-increases-300744512.html

SOURCE ADP, LLC

PR Contacts

Allyce Hackmann

973-974-3064
allyce.hackmann@adp.com

Joanna DiNizio

973-974-5178
Joanna.DiNizio@adp.com

Jason Ledder

973-974-6851
jason.ledder@adp.com