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ADP Increases Cash Dividend; Marks 45th Consecutive Year of Dividend IncreasesROSELAND, N.J., Nov. 12, 2019 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) approved a $0.12 increase in the quarterly cash dividend to an annual rate of $3.64 per share, Carlos Rodriquez, ADP's president and chief executive officer, announced today. The increased cash dividend marks the 45th consecutive year in which ADP, a leading global technology company providing human capital management (HCM) solutions, has raised its quarterly dividend. "The 15% increase in our quarterly dividend is the latest example of ADP's long-standing commitment to shareholder-friendly actions and is a strong signal of the board's confidence in ADP's future," said Carlos Rodriguez. The new quarterly dividend rate of $0.91 per share will be distributd on January 1, 2020 to shareholders of record on December 13, 2019. About ADP (NASDAQ – ADP) ADP, the ADP logo, and Always Designing for People are trademarks of ADP, LLC. All other marks are the property of their respective owners. Copyright © 2019 ADP, LLC. All rights reserved. ADP-Media ADP-Investor Relations
View original content to download multimedia:http://www.prnewswire.com/news-releases/adp-increases-cash-dividend-marks-45th-consecutive-year-of-dividend-increases-300955948.html SOURCE ADP, LLC |