Automatic Data Processing Raises Quarterly Dividend by 12%
08 Novembro 2023 - 10:49AM
Dow Jones News
By Colin Kellaher
Automatic Data Processing's board has raised the payroll
processor's quarterly dividend by 12%, to $1.40 from $1.25.
The new payout, equal to $5.60 a year, represents an annual
yield of about 2.52% based on Tuesday's closing price of $222.25,
up from 2.25%.
The Roseland, N.J., company on Wednesday said the increased
dividend is payable Jan. 1 to shareholders of record Dec. 8.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 08, 2023 08:34 ET (13:34 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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