ADP Extends Royal Dividend Run With 12% Payout Increase
By Colin Kellaher
Automatic Data Processing's board has raised the quarterly dividend by 12%, to $1.90 a share from $1.70, marking the 52nd straight year that the payroll processor has boosted its payout.
The new quarterly rate, equal to $7.60 a year, represents an annual yield of about 2.49% based on Tuesday's closing price of $305.44, up from 2.23%.
The dividend increase maintains ADP's spot in the S&P 500 Dividend Aristocrats Index, whose 69 members have paid a higher dividend for at least 25 straight years, as well as its place on the smaller list of 60 dividend kings--those which have boosted their dividends annually for at least half a century.
The Roseland, N.J., company on Wednesday said the increased dividend is payable Jan. 1 to shareholders of record Dec. 11.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 11, 2026 08:30 ET (13:30 GMT)
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