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 yield | 1.4% |
| Next dividend pay date | 01 Apr 23 |
| Ex dividend date | 09 Mar 23 |
| Dividend per share | US$5.00 |
| Earnings per share | US$7.59 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
What Does Automatic Data Processing, Inc.'s (NASDAQ:ADP) Share Price Indicate?
Jan 18
With EPS Growth And More, Automatic Data Processing (NASDAQ:ADP) Makes An Interesting Case
Jan 03Automatic Data Processing (NASDAQ:ADP) Has Announced That It Will Be Increasing Its Dividend To $1.25
Nov 26Is Automatic Data Processing (NASDAQ:ADP) Using Too Much Debt?
Nov 12Automatic Data Processing's (NASDAQ:ADP) Dividend Will Be Increased To $1.25
Nov 12Paychex Or ADP? Picking A Payroll Stalwart
Oct 19A Look At The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)
Oct 11Here's Why Automatic Data Processing (NASDAQ:ADP) Has Caught The Eye Of Investors
Sep 26Automatic Data Processing: A Better Opportunity Will Likely Present Itself
Sep 26Is Now An Opportune Moment To Examine Automatic Data Processing, Inc. (NASDAQ:ADP)?
Aug 26Is Automatic Data Processing (NASDAQ:ADP) A Risky Investment?
Aug 11Automatic Data Processing declares $1.04 dividend
Aug 03Automatic Data Processing Q4 2022 Earnings Preview
Jul 26Estimating The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)
Jul 03With EPS Growth And More, Automatic Data Processing (NASDAQ:ADP) Makes An Interesting Case
Jun 21Goldman Is Right, Automatic Data Processing Is An Awesome Dividend Stock
Jun 15Should You Investigate Automatic Data Processing, Inc. (NASDAQ:ADP) At US$225?
May 28Automatic Data Processing: Conservative Growth Of 13-16% In This Volatile Market
May 23If You Believe In The Premium, Automatic Data Processing Is A 'Buy'
May 13We Think Automatic Data Processing (NASDAQ:ADP) Can Stay On Top Of Its Debt
May 04Estimating The Fair Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)
Mar 29If You Like EPS Growth Then Check Out Automatic Data Processing (NASDAQ:ADP) Before It's Too Late
Mar 1712 Top Stocks For A Bear Market - Automatic Data Processing Is Our Favorite
Mar 02Is Now An Opportune Moment To Examine Automatic Data Processing, Inc. (NASDAQ:ADP)?
Feb 18ADP: A Steeply Overvalued, Steady Dividend Machine
Feb 17Is Automatic Data Processing Stock Overvalued Or Undervalued? Consider Peer And Historical Comparisons
Jan 27Is Automatic Data Processing A Safe Dividend Stock? Yes, But It's Too Pricey
Jan 21Automatic Data Processing: Leading HR Digitalization In A Fragmented Market
Jan 11Automatic Data Processing: Don't Fight The Fed; Increasing Interest Rates Gives Forward Growth
Dec 17Calculating The Intrinsic Value Of Automatic Data Processing, Inc. (NASDAQ:ADP)
Dec 17Is Now The Time To Put Automatic Data Processing (NASDAQ:ADP) On Your Watchlist?
Nov 17We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Automatic Data Processing, Inc.'s (NASDAQ:ADP) CEO For Now
Nov 04Automatic Data Processing: Patience Is Warranted Given The Lofty Valuation
Oct 30Automatic Data Processing: A Pullback Before All-Time High
Oct 16Is Automatic Data Processing (NASDAQ:ADP) Using Too Much Debt?
Oct 15Prospective Dividend King Automatic Data Processing Is Royally Overvalued
Aug 26Here's Why I Think Automatic Data Processing (NASDAQ:ADP) Is An Interesting Stock
Jul 31Automatic Data Processing: Watch Out For Margins Amid All The Optimism
Jul 23Here's Why Automatic Data Processing (NASDAQ:ADP) Can Manage Its Debt Responsibly
Jul 17Is Automatic Data Processing, Inc. (NASDAQ:ADP) Worth US$195 Based On Its Intrinsic Value?
May 16ADP seeks to bar Benefitfocus from hiring incoming CEO
May 07Automatic Data Processing Q3 2021 Earnings Preview
Apr 27Should Automatic Data Processing, Inc. (NASDAQ:ADP) Be Part Of Your Dividend Portfolio?
Mar 23Is It Worth Considering Automatic Data Processing, Inc. (NASDAQ:ADP) For Its Upcoming Dividend?
Mar 06Are Strong Financial Prospects The Force That Is Driving The Momentum In Automatic Data Processing, Inc.'s NASDAQ:ADP) Stock?
Feb 24Automatic Data Processing (NASDAQ:ADP) Seems To Use Debt Quite Sensibly
Feb 11Upcoming Dividend Payment
Dividend Yield vs Market
| Automatic Data Processing Dividend Yield vs Market |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 6/30/2025 | 5.09 | 7 |
| 6/30/2024 | 4.7 | 11 |
| 6/30/2023 | 4.38 | 10 |
| 2/4/2023 | 5 | 2.22 |
| 1/12/2023 | 5 | 2.16 |
| 11/9/2022 | 5 | 1.99 |
| 8/5/2022 | 4.16 | 1.74 |
| 6/9/2022 | 4.16 | 1.91 |
| 1/12/2022 | 4.16 | 1.93 |
| 11/10/2021 | 4.16 | 1.76 |
| 8/4/2021 | 3.72 | 1.77 |
| 4/7/2021 | 3.72 | 1.88 |
| 11/11/2020 | 3.72 | 2.14 |
| 8/5/2020 | 3.64 | 2.54 |
| 4/8/2020 | 3.64 | 2.53 |
| 1/31/2020 | 3.64 | 2.44 |
| 1/29/2020 | 3.64 | 2.11 |
| 8/7/2019 | 3.16 | 1.9 |
| 4/3/2019 | 3.16 | 1.94 |
| 1/15/2019 | 3.16 | 2.13 |
| 11/6/2018 | 3.16 | 2.3 |
| 8/2/2018 | 2.76 | 1.92 |
| 4/11/2018 | 2.76 | 2.12 |
| 1/16/2018 | 2.52 | 2.17 |
| 11/7/2017 | 2.52 | 2.19 |
| 8/1/2017 | 2.28 | 2.07 |
| 4/5/2017 | 2.28 | 2.23 |
| 1/17/2017 | 2.28 | 2.24 |
| 11/8/2016 | 2.28 | 2.32 |
| 8/2/2016 | 2.12 | 2.4 |
| 4/6/2016 | 2.12 | 2.37 |
| 1/19/2016 | 2.12 | 2.5 |
| 11/10/2015 | 2.12 | 2.51 |
| 8/4/2015 | 1.96 | 2.39 |
| 4/8/2015 | 1.96 | 2.33 |
| 1/22/2015 | 1.96 | 2.26 |
| 11/11/2014 | 1.96 | 2.32 |
| 8/5/2014 | 1.92 | 2.4 |
| 4/9/2014 | 1.92 | 2.44 |
| 1/23/2014 | 1.92 | 2.5 |
| 11/12/2013 | 1.92 | 2.42 |
| 8/6/2013 | 1.74 | 2.38 |
| 4/10/2013 | 1.74 | 2.51 |
| 1/25/2013 | 1.74 | 2.79 |
| 11/13/2012 | 1.74 | 3.03 |
| 8/7/2012 | 1.58 | 2.72 |
| 4/25/2012 | 1.58 | 2.9 |
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.