ROSELAND, N.J., Nov. 9, 2022
/PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP)
approved a $0.21 increase in the
quarterly cash dividend to an annual rate of $5.00 per share, Carlos
Rodriguez, ADP's chief executive officer, announced
today. The increased cash dividend marks the 48th
consecutive year in which ADP, a leading global technology company
providing human capital management (HCM) solutions, has raised its
quarterly dividend.
"This 20% increase in our quarterly dividend signifies our
48th 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 Carlos Rodriguez.
The new quarterly dividend rate of $1.25 per share will be distributed on
January 1, 2023 to shareholders of
record on December 9, 2022.
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 © 2022 ADP, Inc. All rights reserved.
ADP - Investor Relations
Investor Relations Contacts:
Danyal Hussain, CFA
973.974.7836
Danyal.Hussain@adp.com
Matthew Keating,
CFA
973.974.3037
Matthew.Keating@adp.com
ADP - Media
Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@adp.com
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SOURCE ADP - IR