ROSELAND, N.J., Nov. 8, 2023
/PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP)
approved a $0.15 increase in the
quarterly cash dividend to an annual rate of $5.60 per share, Maria
Black, ADP's chief executive officer, announced today. The
increased cash dividend marks the 49th consecutive year
in which ADP, a leading global technology company providing human
capital management (HCM) solutions, has raised its quarterly
dividend.
"This 12% increase in our quarterly dividend signifies our
49th year of consecutive annual dividend increases. Our
dividend is a cornerstone to our long-standing commitment to
shareholder-friendly actions, and we are pleased to be one of a
select group of companies with such a track record," said
Maria Black.
The new quarterly dividend rate of $1.40 per share will be distributed on
January 1, 2024 to shareholders of
record on December 8, 2023.
About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products,
premium services and exceptional experiences that enable people to
reach their full potential. HR, Talent, Time Management, Benefits
and Payroll. Informed by data and designed for people. Learn more
at ADP.com
ADP, the ADP logo, and Always Designing for People are
trademarks of ADP, Inc.
Copyright © 2023 ADP, Inc. All rights reserved.
ADP
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SOURCE ADP - IR