Automatic Data Processing Increases Cash Dividend 14%; Marks 34th Consecutive Year of Dividend Increases
11 Novembro 2008 - 3:29PM
Business Wire
The board of directors of Automatic Data Processing, Inc. (Nasdaq:
ADP) approved a 14% increase in the cash dividend to an annual rate
of $1.32 per share, Gary C. Butler, president and chief executive
officer, announced today. The new quarterly dividend of 33 cents
per share compares with the previous quarterly dividend rate of 29
cents per share. This increased quarterly dividend will be
distributed on January 1, 2009 to shareholders of record at
December 12, 2008. The increased cash dividend marks the 34th
consecutive year in which the company has raised its dividend.
Automatic Data Processing, Inc. (Nasdaq: ADP), with nearly $9
billion in revenues and approximately 585,000 clients, is one of
the world's largest providers of business outsourcing solutions.
Leveraging more than 55 years of experience, ADP offers a wide
range of HR, payroll, tax and benefits administration solutions
from a single source. ADP's easy-to-use, cost-effective solutions
for employers provide superior value to companies of all types and
sizes. ADP is also a leading provider of integrated computing
solutions to auto, truck, motorcycle, marine and recreational
vehicle dealers throughout the world. For more information about
ADP or to contact a local ADP sales office, reach us at
1.800.225.5237 or visit the company's Web site at www.ADP.com.
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