ADP Increases Cash Dividend; Marks 48th Consecutive Year of Dividend Increases

The board of directors of 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.

echnology News:Node4 Acquires Tisski To Further Expand Its Microsoft Enterprise Cloud Solutions Capabilities

“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.

HR Technology News: 61% Of CEOs Are Engaged In Supplier Diversity, Yet Most Organizations Lack Processes And Accountability To Ensure Program Success

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.

Everything you need in a modern, easy to use, all-in-one platform With unmatched global experience in HR, payroll and compliance.

HR Technology News: HR Technology Highlights – HR Tech Daily Round-Up For 07 November 2022

To share your insights with us, please write to sghosh@martechseries.com