Automatic Data Processing, Inc.

NasdaqGS:ADP Stock Report

Mkt Cap: US$93.4b

Automatic Data Processing Dividend

Dividend criteria checks 5/6

Automatic Data Processing, Inc. is a dividend paying company with a current yield of 2.2% that is well covered by earnings. Next payment date is on 01 Apr 2023 with an ex-dividend date of 09 Mar 2023.

Key information

2.2%

Dividend yield

58%

Payout ratio

Industry average yield1.4%
Next dividend pay date01 Apr 23
Ex dividend date09 Mar 23
Dividend per shareUS$5.00
Earnings per shareUS$7.59
Dividend yield forecast in 3Y2.1%

Recent dividend updates

Recent updates

What Does Automatic Data Processing, Inc.'s (NASDAQ:ADP) Share Price Indicate?

Jan 18
What Does Automatic Data Processing, Inc.'s (NASDAQ:ADP) Share Price Indicate?

With EPS Growth And More, Automatic Data Processing (NASDAQ:ADP) Makes An Interesting Case

Jan 03
With EPS Growth And More, Automatic Data Processing (NASDAQ:ADP) Makes An Interesting Case

Automatic Data Processing (NASDAQ:ADP) Has Announced That It Will Be Increasing Its Dividend To $1.25

Nov 26
Automatic Data Processing (NASDAQ:ADP) Has Announced That It Will Be Increasing Its Dividend To $1.25

Is Automatic Data Processing (NASDAQ:ADP) Using Too Much Debt?

Nov 12
Is Automatic Data Processing (NASDAQ:ADP) Using Too Much Debt?

Automatic Data Processing's (NASDAQ:ADP) Dividend Will Be Increased To $1.25

Nov 12
Automatic Data Processing's (NASDAQ:ADP) Dividend Will Be Increased To $1.25

Paychex Or ADP? Picking A Payroll Stalwart

Oct 19

A Look At The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

Oct 11
A Look At The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

Here's Why Automatic Data Processing (NASDAQ:ADP) Has Caught The Eye Of Investors

Sep 26
Here's Why Automatic Data Processing (NASDAQ:ADP) Has Caught The Eye Of Investors

Automatic Data Processing: A Better Opportunity Will Likely Present Itself

Sep 26

Is Now An Opportune Moment To Examine Automatic Data Processing, Inc. (NASDAQ:ADP)?

Aug 26
Is Now An Opportune Moment To Examine Automatic Data Processing, Inc. (NASDAQ:ADP)?

Is Automatic Data Processing (NASDAQ:ADP) A Risky Investment?

Aug 11
Is Automatic Data Processing (NASDAQ:ADP) A Risky Investment?

Automatic Data Processing declares $1.04 dividend

Aug 03

Automatic Data Processing Q4 2022 Earnings Preview

Jul 26

Estimating The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

Jul 03
Estimating The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

With EPS Growth And More, Automatic Data Processing (NASDAQ:ADP) Makes An Interesting Case

Jun 21
With EPS Growth And More, Automatic Data Processing (NASDAQ:ADP) Makes An Interesting Case

Goldman Is Right, Automatic Data Processing Is An Awesome Dividend Stock

Jun 15

Should You Investigate Automatic Data Processing, Inc. (NASDAQ:ADP) At US$225?

May 28
Should You Investigate Automatic Data Processing, Inc. (NASDAQ:ADP) At US$225?

Automatic Data Processing: Conservative Growth Of 13-16% In This Volatile Market

May 23

If You Believe In The Premium, Automatic Data Processing Is A 'Buy'

May 13

We Think Automatic Data Processing (NASDAQ:ADP) Can Stay On Top Of Its Debt

May 04
We Think Automatic Data Processing (NASDAQ:ADP) Can Stay On Top Of Its Debt

Estimating The Fair Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

Mar 29
Estimating The Fair Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

If You Like EPS Growth Then Check Out Automatic Data Processing (NASDAQ:ADP) Before It's Too Late

Mar 17
If You Like EPS Growth Then Check Out Automatic Data Processing (NASDAQ:ADP) Before It's Too Late

12 Top Stocks For A Bear Market - Automatic Data Processing Is Our Favorite

Mar 02

Is Now An Opportune Moment To Examine Automatic Data Processing, Inc. (NASDAQ:ADP)?

Feb 18
Is Now An Opportune Moment To Examine Automatic Data Processing, Inc. (NASDAQ:ADP)?

ADP: A Steeply Overvalued, Steady Dividend Machine

Feb 17

Is Automatic Data Processing Stock Overvalued Or Undervalued? Consider Peer And Historical Comparisons

Jan 27

Is Automatic Data Processing A Safe Dividend Stock? Yes, But It's Too Pricey

Jan 21

Automatic Data Processing: Leading HR Digitalization In A Fragmented Market

Jan 11

Automatic Data Processing: Don't Fight The Fed; Increasing Interest Rates Gives Forward Growth

Dec 17

Calculating The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

Dec 17
Calculating The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)

Is Now The Time To Put Automatic Data Processing (NASDAQ:ADP) On Your Watchlist?

Nov 17
Is Now The Time To Put Automatic Data Processing (NASDAQ:ADP) On Your Watchlist?

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Automatic Data Processing, Inc.'s (NASDAQ:ADP) CEO For Now

Nov 04
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Automatic Data Processing, Inc.'s (NASDAQ:ADP) CEO For Now

Automatic Data Processing: Patience Is Warranted Given The Lofty Valuation

Oct 30

Automatic Data Processing: A Pullback Before All-Time High

Oct 16

Is Automatic Data Processing (NASDAQ:ADP) Using Too Much Debt?

Oct 15
Is Automatic Data Processing (NASDAQ:ADP) Using Too Much Debt?

Prospective Dividend King Automatic Data Processing Is Royally Overvalued

Aug 26

Here's Why I Think Automatic Data Processing (NASDAQ:ADP) Is An Interesting Stock

Jul 31
Here's Why I Think Automatic Data Processing (NASDAQ:ADP) Is An Interesting Stock

Automatic Data Processing: Watch Out For Margins Amid All The Optimism

Jul 23

Here's Why Automatic Data Processing (NASDAQ:ADP) Can Manage Its Debt Responsibly

Jul 17
Here's Why Automatic Data Processing (NASDAQ:ADP) Can Manage Its Debt Responsibly

Is Automatic Data Processing, Inc. (NASDAQ:ADP) Worth US$195 Based On Its Intrinsic Value?

May 16
Is Automatic Data Processing, Inc. (NASDAQ:ADP) Worth US$195 Based On Its Intrinsic Value?

ADP seeks to bar Benefitfocus from hiring incoming CEO

May 07

Automatic Data Processing Q3 2021 Earnings Preview

Apr 27

Should Automatic Data Processing, Inc. (NASDAQ:ADP) Be Part Of Your Dividend Portfolio?

Mar 23
Should Automatic Data Processing, Inc. (NASDAQ:ADP) Be Part Of Your Dividend Portfolio?

Is It Worth Considering Automatic Data Processing, Inc. (NASDAQ:ADP) For Its Upcoming Dividend?

Mar 06
Is It Worth Considering Automatic Data Processing, Inc. (NASDAQ:ADP) For Its Upcoming Dividend?

Are Strong Financial Prospects The Force That Is Driving The Momentum In Automatic Data Processing, Inc.'s NASDAQ:ADP) Stock?

Feb 24
Are Strong Financial Prospects The Force That Is Driving The Momentum In Automatic Data Processing, Inc.'s NASDAQ:ADP) Stock?

Automatic Data Processing (NASDAQ:ADP) Seems To Use Debt Quite Sensibly

Feb 11
Automatic Data Processing (NASDAQ:ADP) Seems To Use Debt Quite Sensibly

Upcoming Dividend Payment

TodayFeb 04 2023Ex Dividend DateMar 09 2023Dividend Pay DateApr 01 202323 days from Ex DividendBuy in the next 32 days to receive the upcoming dividend

Dividend Yield vs Market

Automatic Data Processing Dividend Yield vs Market
How does ADP dividend yield compare to the market?
SegmentDividend Yield
Company (ADP)2.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.2%
Industry Average (IT)1.4%
Analyst forecast in 3 Years (ADP)2.1%

Notable Dividend: ADP's dividend (2.22%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: ADP's dividend (2.22%) is low compared to the top 25% of dividend payers in the US market (4.18%).


Stability and Growth of Payments

How stable has Automatic Data Processing's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20255.097
6/30/20244.711
6/30/20234.3810
2/4/202352.22
1/12/202352.16
11/9/202251.99
8/5/20224.161.74
6/9/20224.161.91
1/12/20224.161.93
11/10/20214.161.76
8/4/20213.721.77
4/7/20213.721.88
11/11/20203.722.14
8/5/20203.642.54
4/8/20203.642.53
1/31/20203.642.44
1/29/20203.642.11
8/7/20193.161.9
4/3/20193.161.94
1/15/20193.162.13
11/6/20183.162.3
8/2/20182.761.92
4/11/20182.762.12
1/16/20182.522.17
11/7/20172.522.19
8/1/20172.282.07
4/5/20172.282.23
1/17/20172.282.24
11/8/20162.282.32
8/2/20162.122.4
4/6/20162.122.37
1/19/20162.122.5
11/10/20152.122.51
8/4/20151.962.39
4/8/20151.962.33
1/22/20151.962.26
11/11/20141.962.32
8/5/20141.922.4
4/9/20141.922.44
1/23/20141.922.5
11/12/20131.922.42
8/6/20131.742.38
4/10/20131.742.51
1/25/20131.742.79
11/13/20121.743.03
8/7/20121.582.72
4/25/20121.582.9

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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.7%), ADP's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (70.7%), ADP's dividend payments are covered by cash flows.


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