Automatic Data Processing, Inc. (ADP) to Issue Quarterly Dividend of $1.70 on April 1st

Automatic Data Processing, Inc. (NASDAQ:ADP) announced a quarterly dividend on Wednesday, January 14th. Stockholders of record on Friday, March 13th will be paid a dividend of 1.70 per share by the business services provider on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, March 13th.

Automatic Data Processing has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 49 consecutive years. Automatic Data Processing has a payout ratio of 62.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Automatic Data Processing to earn $10.82 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 62.8%.

Automatic Data Processing Price Performance

Automatic Data Processing stock opened at $217.37 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The company has a fifty day simple moving average of $237.35 and a 200-day simple moving average of $261.62. The stock has a market cap of $87.52 billion, a P/E ratio of 20.90 and a beta of 0.86. Automatic Data Processing has a 12-month low of $203.26 and a 12-month high of $329.93.

Automatic Data Processing (NASDAQ:ADP) last posted its earnings results on Wednesday, January 28th. The business services provider reported $2.62 EPS for the quarter, beating the consensus estimate of $2.57 by $0.05. Automatic Data Processing had a return on equity of 68.44% and a net margin of 19.96%.The firm had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.34 billion. During the same quarter in the prior year, the company posted $2.35 earnings per share. Automatic Data Processing’s revenue for the quarter was up 6.2% compared to the same quarter last year. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. Equities analysts expect that Automatic Data Processing will post 9.93 EPS for the current fiscal 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.