Automatic Data Processing Dividends and Buybacks
Dividend criteria checks 4/6
Automatic Data Processing is a dividend paying company with a current yield of 1.84% that is well covered by earnings. Next payment date is on 1st January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
1.8%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | -1.7% |
| Next dividend pay date | 01 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$5.600 |
| Payout ratio | 60% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADP) | 1.8% |
| Market Bottom 25% (CL) | 0% |
| Market Top 25% (CL) | 0% |
| Industry Average (Professional Services) | 0% |
| Analyst forecast (ADP) (up to 3 years) | 2.2% |
Notable Dividend: ADP's dividend (1.84%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.23%).
High Dividend: ADP's dividend (1.84%) is low compared to the top 25% of dividend payers in the CL market (9.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.6%), ADP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), ADP's dividend payments are covered by cash flows.