ADP (ADP) Raises Quarterly Dividend 1.9% to $0.53; 2.5% Yield

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ADP Increases Cash Dividend; Marks 41st Consecutive Year of Dividend Increases

November 10, 2015 2:00 PM EST

ROSELAND, N.J., Nov. 10, 2015 (GLOBE NEWSWIRE) -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP), approved a $0.04 increase in the quarterly cash dividend to an annual rate of $2.12 per share, Carlos Rodriguez, president and chief executive officer, announced today. The increased cash dividend marks the 41st consecutive year in which ADP, a leading global provider of Human Capital Management (HCM) solutions, has raised its quarterly dividend.

"Along with ADP's... More