Automatic Data Processing, Inc. (ADP) To Go Ex-Dividend on June 12th

Automatic Data Processing, Inc. (NASDAQ:ADP) declared a quarterly dividend on Wednesday, April 8th. Shareholders of record on Friday, June 12th will be paid a dividend of 1.70 per share by the business services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th.

Automatic Data Processing has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 49 consecutive years. Automatic Data Processing has a dividend payout ratio of 62.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Automatic Data Processing to earn $12.10 per share next year, which means the company should continue to be able to cover its $6.80 annual dividend with an expected future payout ratio of 56.2%.

Automatic Data Processing Price Performance

Shares of NASDAQ:ADP opened at $231.17 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $92.41 billion, a PE ratio of 21.56 and a beta of 0.84. Automatic Data Processing has a twelve month low of $188.16 and a twelve month high of $319.72. The company has a 50-day moving average price of $211.11 and a two-hundred day moving average price of $229.70.

Automatic Data Processing (NASDAQ:ADP) last issued its earnings results on Wednesday, April 29th. The business services provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.30 by $0.07. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.85 billion. Automatic Data Processing had a net margin of 20.12% and a return on equity of 68.82%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Equities analysts forecast that Automatic Data Processing will post 11.07 EPS for the current year.

Automatic Data Processing Company Profile

Automatic Data Processing, Inc (ADP) is a global provider of cloud-based human capital management (HCM) and payroll solutions. Founded in 1949 and headquartered in Roseland, New Jersey, ADP began as a payroll processing company and has evolved into a diversified provider of workforce management, HR, benefits administration, tax and compliance services, and analytics for employers of all sizes.

ADP’s product portfolio includes payroll processing and tax filing, time and attendance systems, benefits administration, talent management, and HR outsourcing.