Automatic Data Processing Increases Cash Dividend 6%; Marks 36th Consecutive Year of Dividend Increases
09 Novembro 2010 - 2:49PM
The board of directors of Automatic Data Processing,
Inc.(Nasdaq:ADP) approved a 6% increase in the cash dividend to an
annual rate of $1.44 per share, Gary C. Butler, president and chief
executive officer, announced today.
The new quarterly dividend of 36 cents per share compares with
the previous quarterly dividend rate of 34 cents per
share. This increased quarterly dividend will be distributed
on January 1, 2011 to shareholders of record at December 10,
2010.
The increased cash dividend marks the 36th consecutive year in
which the company has raised its dividend.
Automatic Data Processing, Inc. (Nasdaq:ADP), with nearly $9
billion in revenues and about 550,000 clients, is one of the
world's largest providers of business outsourcing
solutions. Leveraging over 60 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.
CONTACT: Automatic Data Processing, Inc.
Investor Relations
973.974.5858
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