ADP (ADP) Raises Quarterly Dividend 7.5% to $0.57; 2.5% Yield

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Go back to ADP (ADP) Raises Quarterly Dividend 7.5% to $0.57; 2.5% Yield

ADP Increases Cash Dividend; Marks 42nd Consecutive Year of Dividend Increases

November 8, 2016 1:59 PM EST

ROSELAND, N.J., Nov. 08, 2016 (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 $2.28 per share, Carlos Rodriguez, president and chief executive officer, announced today.  The increased cash dividend marks the 42nd consecutive year in which ADP, a... More