Automatic Data Processing (NASDAQ:ADP)
Historical Stock Chart
2 Months : From Oct 2019 to Dec 2019
By Colin Kellaher
Automatic Data Processing Inc. (ADP) on Tuesday said its board raised the quarterly dividend by 15.2% to 91 cents from 79 cents.
The new payout, equal to $3.64 a year, represents an annual yield of about 2.23% based on Monday's closing price of $163.42, up from 1.93%.
The Roseland, N.J., payroll processor said the increased dividend is payable Jan. 1 to shareholders of record Dec. 13.
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(END) Dow Jones Newswires
November 12, 2019 08:53 ET (13:53 GMT)
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