Automatic Data Processing is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
2.3%
Dividend yield
60%
Payout ratio
Industry average yield
2.4%
Next dividend pay date
01 Jul 24
Ex dividend date
14 Jun 24
Dividend per share
n/a
Earnings per share
€8.66
Dividend yield forecast in 3Y
2.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ADP's dividends per share have been stable in the past 10 years.
Growing Dividend: ADP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Automatic Data Processing Dividend Yield vs Market
How does ADP dividend yield compare to the market?
Segment
Dividend Yield
Company (ADP)
2.3%
Market Bottom 25% (AT)
1.9%
Market Top 25% (AT)
5.9%
Industry Average (Professional Services)
2.4%
Analyst forecast in 3 Years (ADP)
2.5%
Notable Dividend: ADP's dividend (2.3%) is higher than the bottom 25% of dividend payers in the Austrian market (1.93%).
High Dividend: ADP's dividend (2.3%) is low compared to the top 25% of dividend payers in the Austrian market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), ADP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), ADP's dividend payments are covered by cash flows.