Tillkännagivande • Aug 06
Automatic Data Processing, Inc Declares Regular Quarterly Dividend, Payable on October 1, 2026 The board of directors of Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.70 per share payable October 1, 2026 to shareholders of record on September 11, 2026. Reported Earnings • Jul 30
Full year 2026 earnings released: EPS: US$10.97 (vs US$10.02 in FY 2025) Full year 2026 results: EPS: US$10.97 (up from US$10.02 in FY 2025). Revenue: US$21.9b (up 6.7% from FY 2025). Net income: US$4.41b (up 8.2% from FY 2025). Profit margin: 20% (in line with FY 2025). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 30
Automatic Data Processing, Inc. to Report Q4, 2026 Results on Jul 29, 2026 Automatic Data Processing, Inc. announced that they will report Q4, 2026 results Pre-Market on Jul 29, 2026 Upcoming Dividend • Jun 05
Upcoming dividend of US$1.70 per share Eligible shareholders must have bought the stock before 12 June 2026. Payment date: 01 July 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.2%). Declared Dividend • May 20
Third quarter dividend of US$1.70 announced Shareholders will receive a dividend of US$1.70. Ex-date: 12th June 2026 Payment date: 1st July 2026 Dividend yield will be 3.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 09
Adp Declares Regular Quarterly Dividend, Payable on July 1, 2026 Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.70 per share payable July 1, 2026 to shareholders of record on June 12, 2026. Tillkännagivande • Mar 25
Automatic Data Processing, Inc. to Report Q3, 2026 Results on Apr 29, 2026 Automatic Data Processing, Inc. announced that they will report Q3, 2026 results Pre-Market on Apr 29, 2026 Tillkännagivande • Mar 03
ADP Launches AI Agents to Help Make Work Easier, Smarter ADP® announced the launch of a new destination within ADP Marketplace, designed to help organizations discover and deploy AI agents that seamlessly integrate with ADP and accelerate work across the entire employee lifecycle. This growing ecosystem of AI solutions empowers HR teams, managers, and employees with simple solutions that make work easier. AI agents can orchestrate workflows, which helps organizations streamline operations and focus on higher value work. The new agents go beyond traditional AI-enabled tools by planning, taking action, and completing multifistep tasks. Partners offering Agents and AI features in the ADP Marketplace as part of their solution must agree to comply with ADP Marketplace's AI principles regarding human oversight, monitoring, explainability and mitigating bias. These principles are based on the same AI principles ADP follows when developing its own products. By introducing solutions capable of supporting core HR, payroll, talent and workforce operations, ADP is helping clients transform their workflows with proactive and integrated tools that anticipate workforce needs and act in real time. The curated set of AI agents include partners like Absorb, Aquera, G-P, Built, Employ, Praisidio, salary.com, Tapcheck, MakeShift, Payactiv, and Quantum Workplace, whose solutions can help solve key HR challenges like: Finding Talent: Agents can help identify qualified candidates based on job requirements, connect with them quickly, and help keep them engaged--while keeping hiring decisions in the recruiter's hands. Staying Compliant: Agents can help navigate employment laws and global compliance and help with preparing required documents and templates. Gaining Workforce Insight: Agents can instantly deliver reports, dashboards, and visual insights from HR and workforce data -- and much more. The AI agents are now available to ADP clients through ADP Marketplace. Learn more at adp.com/ai-marketplace. Tillkännagivande • Jan 28
ADP Accelerates AI Leadership with Launch of New AI Agents Designed to Solve Workforce Challenges ADP on January 28, 2026 introduced new ADP Assist agents that apply advanced intelligence to real workforce challenges and foster creativity and connection at work. Built on ADP's comprehensive global data platform, these new agents help organizations manage people, streamline processes and make informed decisions that support people at work. Built on the industry's strongest workforce data foundation, ADP Assist AI agents give companies a smarter and more efficient way to manage people and orchestrate work across the employee lifecycle. Unlike generic AI solutions, ADP's approach combines proprietary workforce insights with advanced automation to solve real workforce challenges while maintaining the security, governance and compliance standards companies trust. The result is persona-based agents that solve key challenges across HR and payroll. ADP Assist agents work across HR and payroll workstreams to put practitioners at the center of moments that matter in the employee experience, removing manual strain and allowing them to focus on supporting their people. From streamlining the payroll process to resolving employee questions and prompting action against intelligent workforce insight, ADP Assist agents were built to address common client pain points for HR and payroll practitioners: Identifying payroll variances – Making payroll more efficient and accurate, ADP Assist payroll agents automatically audit for variances, suggesting and facilitating remediations under human oversight. Highlighting gaps in tax information – ADP Assist tax registration agents proactively identify when clients have missing or incomplete tax IDs for both state or local jurisdictions, guiding them through every step of the registration process. Empowering employees with clear, accessible policy guidance – ADP Assist HR agents create and deliver personalized, curated answers for frequently asked questions based on clients' distinct employee handbooks and policies, removing help desk responsibilities from practitioners and saving them time. Delivering tailored HR insights to drive smarter decisions – ADP Assist analytics agents can create, execute and analyze custom reports and visualizations based on simple search queries through chat, creating an intuitive and interactive experience. Providing data-driven workforce insights – ADP Assist analytics agents can analyze employee-level data to create easily actionable dashboards and presentation-ready workforce reports. Initiating talent actions with simple natural language: ADP Assist HR agents create key talent actions instantly, such as initiating a promotion, simply by the user typing what they want to do. By interpreting requests like promote Jordan Smith or who are my direct reports who are customer service associates earning less than 25 per hour?, the system delivers real-time answers and guided next steps, dramatically reducing time spent navigating HR workflows. ADP's global data platform serves as the engine powering ADP Assist agents, representing an unmatched workforce dataset spanning millions of workers across global regulatory environments. Key capabilities include: Integrated data architecture enables ADP to build intelligence into its agents; The combination of ADP's data sets and unique insights from servicing clients enables more personalized experiences for clients and Security and privacy by design with ethical AI principles embedded at the foundation. Tillkännagivande • Jan 15
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on April 1, 2026 The board of directors of Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.70 per share payable April 1, 2026 to shareholders of record on March 13, 2026. Tillkännagivande • Jan 05
Automatic Data Processing, Inc. to Report Q2, 2026 Results on Jan 28, 2026 Automatic Data Processing, Inc. announced that they will report Q2, 2026 results Pre-Market on Jan 28, 2026 Tillkännagivande • Dec 11
ADP Launches the Save4Retirement Pooled Employer Plan ADP launched the Save4Retirement Pooled Employer Plan (PEP), a retirement plan that allows multiple unrelated employers to join a single, professionally managed 401(k) structure that consolidates administration and shifts key administrative fiduciary responsibilities to a pooled plan provider. Reduced Administrative Work and Fiduciary Liability: Independent registered investment advisors (RIAs) continue to guide and consult with employers on plan features, and team up with Retirement Services' participant Success Organization to support participant enrollment and ongoing education. The value for RIAs is the ability to consolidate clients into a single platform, reducing administrative complexity, simplifying oversight and elevating their client impact. Save4Retirement PEP is supported by ADP's embedded payroll and recordkeeping integration, which enables data to move between systems in real time. The advanced technology ensures important payroll data is synched with recordkeeping data to continuously verify transactions like employee deferrals from the latest ADP payroll cycle or adjustments to an employee's investment elections. This validation promotes confidence in plan compliance and the integrity of participant accounts. Tillkännagivande • Nov 12
Automatic Data Processing, Inc. Increases Quarterly Cash Dividend, Payable on January 1, 2026 The board of directors of ADP approved a $0.16 increase in the quarterly cash dividend to an annual rate of $6.80 per share, Maria Black, ADP's President and Chief Executive Officer, announced on November 12, 2025. The increased cash dividend marks the 51 consecutive year in which ADP, a leading global technology company providing human capital management (HCM) solutions, has raised its quarterly dividend. The new quarterly dividend rate of $1.70 per share will be distributed on January 1, 2026 to shareholders of record on December 12, 2025. Tillkännagivande • Oct 31
Automatic Data Processing, Inc. Maintains Consolidated Earnings Guidance for the Fiscal Year 2026 Automatic Data Processing, Inc. maintained consolidated earnings guidance for the fiscal year 2026. for the year, the company maintained its consolidated revenue outlook for 5% to 6% growth. Tillkännagivande • Oct 29
Automatic Data Processing, Inc. (NasdaqGS:ADP) acquired Pequity Inc. Automatic Data Processing, Inc. (NasdaqGS:ADP) acquired Pequity Inc. on October 29, 2025. Megan Spelman and Neil Goldman of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to ADP.
Automatic Data Processing, Inc. (NasdaqGS:ADP) completed the acquisition of Pequity Inc. on October 29, 2025. Tillkännagivande • Sep 29
Automatic Data Processing, Inc. to Report Q1, 2026 Results on Oct 29, 2025 Automatic Data Processing, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Oct 29, 2025 Tillkännagivande • Sep 26
Automatic Data Processing, Inc., Annual General Meeting, Nov 12, 2025 Automatic Data Processing, Inc., Annual General Meeting, Nov 12, 2025. Tillkännagivande • Sep 04
ADP Unveils Ai Features Built for HR's Biggest Challenges At Innovation Day 2025 ADP unveiled new AI-powered features at its annual Innovation Day, demonstrating how purpose-built artificial intelligence can solve HR's most pressing operational challenges. The latest enhancements to Workforce Now, ADP Global Payroll and ADP Lyric HCM focus on eliminating time-consuming manual processes that burden the People Function: payroll anomalies that could require corrections if not caught early, analytics requests that take days to fulfill, and routine compliance tasks that pull teams away from strategic work. Soling Real HR Pain Points with ADP Assist: The newly unveiled features leverage ADP Assist, the company's AI-enhanced platform, to address five critical areas where HR teams lose the most time and efficiency: Flags Payroll Anomalies Before an Error Can Happen: New anomaly detection and resolution capabilities automatically identify inconsistencies or deviations in payroll data to uncover potential payroll mistakes and suggest corrections for HR practitioners to review and approve. Early adopters report saving up to 30 minutes per payroll cycle through proactive error prevention. Getting Instant Results for HR questions: Users can now ask questions conversationally and get immediate answers, charts, insights, and presentation-ready reports. The system understands context and business intent, turning "How are our overtime costs trending?" into actionable visualizations within seconds while maintaining full user oversight. Gaining Real-time Visibility into Workforce Trends: Pulling from ADP's unparalleled workforce data, spanning over 1.1 million companies of all sizes across over 140 countries and territories, AI helps HR leaders identify and understand trends that are happening within their workforce that might not be easily evident. Turning raw data into clear guidance and recommended actions, this helps leaders understand workforce trends, spot issues earlier, and make confident decisions faster. Global Compliance: AI monitors local, national, and emerging workplace requirements, helping clients stay on top of their compliance obligations with recommendations that practitioners can verify and implement. Powering Personal Development with AI: ADP Learning analyzes each employee's unique role, skills, and career goals to deliver tailored training recommendations to help accelerate their development path. Client-Centered AI Development: These innovations reflect ADP's systematic approach to AI development, where each feature undergoes rigorous testing with client feedback before release. The company's AI capabilities are built on decades of payroll and HR data insights, resulting in solutions that address real-world complexities rather than theoretical use cases. ADP incorporates compliance, transparency, and security into its AI tools from day one, examining privacy and accuracy at every stage of development. Tillkännagivande • Aug 07
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on October 1, 2025 The board of directors of Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.54 per share payable October 1, 2025 to shareholders of record on September 12, 2025. Tillkännagivande • Jun 25
Automatic Data Processing, Inc. to Report Q4, 2025 Results on Jul 30, 2025 Automatic Data Processing, Inc. announced that they will report Q4, 2025 results Pre-Market on Jul 30, 2025 Tillkännagivande • Apr 30
ADP Announces CFO Transition ADP announced that Peter Hadley, ADP's Treasurer, has been appointed Chief Financial Officer, effective July 1, 2025. He succeeds Don McGuire, who has served as CFO since 2021. To ensure a seamless transition, Mr. McGuire will remain available through September 30, 2025. Mr. Hadley will report directly to Maria Black, President and Chief Executive Officer of ADP. Mr. Hadley, 52, joined ADP in 2002 and has held increasingly senior executive leadership positions since that time. Since 2022, he has served as Corporate Vice President and Treasurer of ADP, with responsibilities for overseeing ADP's capital structure, client funds investment portfolio, funding of global operations, capital markets activities, investor relations and corporate insurance programs. In 2017, Mr. Hadley was appointed President – Asia Pacific, where he had responsibility for ADP's business operations, strategy, and business development activities in the Asia-Pacific region. Prior to this role, he served as CFO for ADP's Global Enterprise Solutions and Employer Services International. Before joining ADP, Mr. Hadley held various roles at KPMG in the United Kingdom and Arthur Andersen in Australia. He holds a Master of Applied Finance from the Financial Services Institute of Australia and a Bachelor of Economics from the University of Sydney. Mr. Hadley is also a qualified Chartered Accountant with the Institute of Chartered Accountants in Australia. Tillkännagivande • Apr 09
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on July 1, 2025 The board of directors of Automatic Data Processing, Inc. declared a regular quarterly dividend of $1.54 per share payable July 1, 2025 to shareholders of record on June 13, 2025. Tillkännagivande • Apr 01
Automatic Data Processing, Inc. to Report Q3, 2025 Results on Apr 30, 2025 Automatic Data Processing, Inc. announced that they will report Q3, 2025 results Pre-Market on Apr 30, 2025 Tillkännagivande • Jan 29
Automatic Data Processing, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year 2025 Automatic Data Processing, Inc. provided consolidated earnings guidance for the fiscal year 2025. For the year, the company expects revenue growth of 6% to 7% and Diluted EPS growth of 8% to 10%. Tillkännagivande • Jan 16
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on April 1, 2025 The board of directors of Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.54 per share payable April 1, 2025 to shareholders of record on March 14, 2025. Tillkännagivande • Dec 18
Automatic Data Processing, Inc. to Report Q2, 2025 Results on Jan 29, 2025 Automatic Data Processing, Inc. announced that they will report Q2, 2025 results Pre-Market on Jan 29, 2025 Buy Or Sell Opportunity • Nov 16
Now 20% undervalued Over the last 90 days, the stock has risen 19% to €285. The fair value is estimated to be €357, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period. Declared Dividend • Nov 12
First quarter dividend of US$1.54 announced Shareholders will receive a dividend of US$1.54. Ex-date: 13th December 2024 Payment date: 1st January 2025 Dividend yield will be 1.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Nov 08
Automatic Data Processing, Inc. Announces Executive Changes, January 1, 2025 Automatic Data Processing, Inc. announced that John C. Ayala, Chief Operating Officer, will be stepping down from his role at the Company, effective as of January 1, 2025, and will continue to serve as a corporate officer of the Company during a transition period through March 31, 2025. The Company also announced that Joseph DeSilva, presently President, Global Sales, will become Executive Vice President, North America and Chief of Operations, effective as of January 1, 2025. Tillkännagivande • Nov 06
Automatic Data Processing, Inc. Increases Quarterly Cash Dividend, Payable on January 1, 2025 The board of directors of ADP approved a $0.14 increase in the quarterly cash dividend to an annual rate of $6.16 per share, Maria Black, ADP's President and Chief Executive Officer, announced on November 6, 2024. The new quarterly dividend rate of $1.54 per share will be distributed on January 1, 2025 to shareholders of record on December 13, 2024. New Risk • Nov 03
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
First quarter 2025 earnings released: EPS: US$2.34 (vs US$2.09 in 1Q 2024) First quarter 2025 results: EPS: US$2.34 (up from US$2.09 in 1Q 2024). Revenue: US$4.83b (up 7.1% from 1Q 2024). Net income: US$956.3m (up 11% from 1Q 2024). Profit margin: 20% (in line with 1Q 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Tillkännagivande • Oct 15
Automatic Data Processing, Inc. (NasdaqGS:ADP) acquired WorkForce Software, LLC. Automatic Data Processing, Inc. (NasdaqGS:ADP) acquired WorkForce Software, LLC on October 15, 2024.
Automatic Data Processing, Inc. (NasdaqGS:ADP) completed the acquisition of WorkForce Software, LLC on October 15, 2024. Tillkännagivande • Oct 01
Automatic Data Processing, Inc. to Report Q1, 2025 Results on Oct 30, 2024 Automatic Data Processing, Inc. announced that they will report Q1, 2025 results Pre-Market on Oct 30, 2024 Tillkännagivande • Sep 20
Automatic Data Processing, Inc., Annual General Meeting, Nov 06, 2024 Automatic Data Processing, Inc., Annual General Meeting, Nov 06, 2024. Upcoming Dividend • Sep 06
Upcoming dividend of US$1.40 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.3%). Declared Dividend • Aug 12
Fourth quarter dividend of US$1.40 announced Shareholders will receive a dividend of US$1.40. Ex-date: 13th September 2024 Payment date: 1st October 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Aug 08
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on October 1, 2024 The board of directors of Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.40 per share payable October 1, 2024 to shareholders of record on September 13, 2024. Tillkännagivande • Aug 07
Adp Expands Adp Securtime to the Philippines ADP announced the rollout of ADP SecurTime, its cloud-based time and attendance solution, in the Philippines. This rollout aims to streamline payroll and workforce management process capabilities for businesses across the Philippines. ADP SecurTime, acquired by ADP in 2023, offers robust cloud-based time tracking, attendance management, and workforce management software. It provides businesses with a range of intuitive and insightful features, including: Capture real-time attendance: Utilises biometrics, tablet or mobile phone for real-time tracking. Time fraud prevention: Features geo-tagging, geo-fencing, live tracking and alerts. Integrated payroll and time: Reduces potential pay inaccuracies and administrative time. Centralized dashboard: Offers reports and analytics to identify patterns and discrepancies. Reported Earnings • Aug 04
Full year 2024 earnings released: EPS: US$9.14 (vs US$8.25 in FY 2023) Full year 2024 results: EPS: US$9.14 (up from US$8.25 in FY 2023). Revenue: US$19.2b (up 6.6% from FY 2023). Net income: US$3.75b (up 10.0% from FY 2023). Profit margin: 20% (in line with FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Tillkännagivande • Jul 31
Automatic Data Processing, Inc. Provides Earnings Guidance for the Fiscal Year 2025 Automatic Data Processing, Inc. provided earnings guidance for the fiscal year 2025. For the year, the company expects revenue growth of 5% to 6% and Diluted EPS growth of 9% to 11%. Tillkännagivande • Jul 20
Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Automatic Data Processing, Inc., Adp, Llc, and American Century Investments Services, Inc Federman & Sherwood announced that on July 9, 2024, a class action lawsuit was filed in the United States District Court in the District of New Jersey against Automatic Data Processing, Inc. (Automatic), ADP, LLC (ADP) and American Century Investments Services, Inc. (ACI) (collectively, Defendants), Case No. 2:24-cv-07635. The Complaint alleges violations of federal securities laws, including Section 12(a)(2) and 15 of the Securities Act, Sections 10(b) and 20(a) of the Exchange Act, 29 U.S.C. § 1106, N.J.S.A. 49:3-71, Florida Deceptive and unfair Trade Practices Act (FDUTPA), including allegations that Defendants engaged in a course of business which operated as a fraud upon the purchasers of ADP’s Simple IRAs, during the Class Period, which is July 9, 2021 through July 9, 2024. Tillkännagivande • Jul 02
Automatic Data Processing, Inc. to Report Q4, 2024 Results on Jul 31, 2024 Automatic Data Processing, Inc. announced that they will report Q4, 2024 results Pre-Market on Jul 31, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of US$1.40 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.2%). Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: US$2.89 (vs US$2.52 in 3Q 2023) Third quarter 2024 results: EPS: US$2.89 (up from US$2.52 in 3Q 2023). Revenue: US$5.25b (up 6.6% from 3Q 2023). Net income: US$1.18b (up 14% from 3Q 2023). Profit margin: 23% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Declared Dividend • Apr 07
Dividend of US$1.40 announced Shareholders will receive a dividend of US$1.40. Ex-date: 13th June 2024 Payment date: 1st July 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 02
Automatic Data Processing, Inc. to Report Q3, 2024 Results on May 01, 2024 Automatic Data Processing, Inc. announced that they will report Q3, 2024 results Pre-Market on May 01, 2024 Upcoming Dividend • Feb 29
Upcoming dividend of US$1.40 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.2%). In line with average of industry peers (2.3%). Tillkännagivande • Feb 29
Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Automatic Data Processing, Inc., and American Century Investments Services, Inc Federman & Sherwood announced that on January 16, 2024, a class action lawsuit was filed in the United States District Court for the Middle District of Florida against Automatic Data Processing, Inc. (ADP), and American Century Investments Services, Inc. (ACI) (collectively, Defendants). The Complaint alleges violations of federal securities laws, including Section 11, 12(a)(2), 15(a), 15(c), and 20(a) of the Securities Exchange Act of 1934, N.J.S.A. 49:3-52 and 49:3-56, Florida Deceptive and unfair Trade Practices Act (FDUTPA), Fla. Stat. 501.201, et seq., Fla. Stat. 517.311, and Fla. Stat. 517.12., including allegations that Defendants engaged in a course of business which operated as a fraud upon the purchasers of ADP’s Simple IRAs, during the Class Period, which is January 16, 2021 through January 16, 2024. Reported Earnings • Feb 01
Second quarter 2024 earnings released: EPS: US$2.14 (vs US$1.96 in 2Q 2023) Second quarter 2024 results: EPS: US$2.14 (up from US$1.96 in 2Q 2023). Revenue: US$4.67b (up 6.3% from 2Q 2023). Net income: US$878.4m (up 8.0% from 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year. Tillkännagivande • Feb 01
Automatic Data Processing, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year 2024 Automatic Data Processing, Inc. provided consolidated earnings guidance for the fiscal year 2024. For the year, the company expects Revenue growth of 6% to 7%. Diluted EPS growth of 10% to 12%. Tillkännagivande • Dec 21
Automatic Data Processing, Inc. to Report Q2, 2024 Results on Jan 31, 2024 Automatic Data Processing, Inc. announced that they will report Q2, 2024 results Pre-Market on Jan 31, 2024 Upcoming Dividend • Nov 30
Upcoming dividend of US$1.40 per share at 2.4% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 01 January 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.5%). Tillkännagivande • Nov 09
Automatic Data Processing, Inc. Approves Quarterly Dividend, Payable on January 1, 2024 The board of directors of Automatic Data Processing, Inc. approved a $0.15 increase in the quarterly cash dividend to an annual rate of $5.60 per share. The new quarterly dividend rate of $1.40 per share will be distributed on January 1, 2024 to shareholders of record on December 8, 2023. Reported Earnings • Oct 26
First quarter 2024 earnings released: EPS: US$2.09 (vs US$1.88 in 1Q 2023) First quarter 2024 results: EPS: US$2.09 (up from US$1.88 in 1Q 2023). Revenue: US$4.51b (up 7.0% from 1Q 2023). Net income: US$859.4m (up 10% from 1Q 2023). Profit margin: 19% (in line with 1Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year. Tillkännagivande • Oct 26
Automatic Data Processing, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year 2024 Automatic Data Processing, Inc. provided consolidated earnings guidance for the fiscal year 2024. For the period, the company expected revenue growth of 6% to 7% and diluted EPS growth of 10% to 12%. Tillkännagivande • Oct 11
ADP Introduces API Central ADP, Inc. introduced API Central, a new HCM solution that enables businesses to easily and securely connect their ADP workforce data across their HR and business systems using standard APIs and tools. API Central is ideal for businesses that want the ability to easily push or pull their ADP data into their HR and business systems. Developers have immediate self-service access to a full library of use case templates with pre-populated APIs, detailed API documentation and code samples. ADP also provides a dedicated line of support for developers at no additional cost. Data security is always a focus with API Central, as clients control access to the data developers need to build integrations. Currently available to ADP Workforce Now clients in the U.S., ADP API Central will be implemented across additional solutions in 2023 and 2024. API Central is also available in France. ADP Workforce now clients in the United States can access API Central via instant purchase on ADP Marketplace or through an ADP sales representative. Tillkännagivande • Sep 28
Automatic Data Processing, Inc. to Report Q1, 2024 Results on Oct 25, 2023 Automatic Data Processing, Inc. announced that they will report Q1, 2024 results Pre-Market on Oct 25, 2023 Tillkännagivande • Sep 23
Automatic Data Processing, Inc., Annual General Meeting, Nov 08, 2023 Automatic Data Processing, Inc., Annual General Meeting, Nov 08, 2023, at 10:00 Eastern Standard Time. Agenda: To Elect a board of directors; to Hold an advisory vote on executive compensation; Hold an advisory vote on the frequency of the executive compensation advisory vote; Ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2024; and Transact any other business that may properly come before the meeting or any adjournment(s) or postponement(s) thereof. Upcoming Dividend • Aug 31
Upcoming dividend of US$1.25 per share at 2.0% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 01 October 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.6%). Reported Earnings • Aug 04
Full year 2023 earnings released: EPS: US$8.25 (vs US$7.04 in FY 2022) Full year 2023 results: EPS: US$8.25 (up from US$7.04 in FY 2022). Revenue: US$18.0b (up 9.2% from FY 2022). Net income: US$3.41b (up 16% from FY 2022). Profit margin: 19% (up from 18% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jun 29
Automatic Data Processing, Inc. to Report Q4, 2023 Results on Jul 26, 2023 Automatic Data Processing, Inc. announced that they will report Q4, 2023 results Pre-Market on Jul 26, 2023 Upcoming Dividend • Jun 01
Upcoming dividend of US$1.25 per share at 2.4% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 01 July 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.9%). Reported Earnings • Apr 27
Third quarter 2023 earnings released: EPS: US$2.52 (vs US$2.22 in 3Q 2022) Third quarter 2023 results: EPS: US$2.52 (up from US$2.22 in 3Q 2022). Revenue: US$4.93b (up 9.2% from 3Q 2022). Net income: US$1.04b (up 12% from 3Q 2022). Profit margin: 21% (in line with 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Upcoming Dividend • Mar 02
Upcoming dividend of US$1.25 per share at 2.3% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 01 April 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%). Reported Earnings • Jan 26
Second quarter 2023 earnings released: EPS: US$1.96 (vs US$1.65 in 2Q 2022) Second quarter 2023 results: EPS: US$1.96 (up from US$1.65 in 2Q 2022). Revenue: US$4.39b (up 9.1% from 2Q 2022). Net income: US$813.1m (up 17% from 2Q 2022). Profit margin: 19% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year. Tillkännagivande • Jan 12
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on April 1, 2023 The board of directors of Automatic Data Processing, Inc. has declared a regular quarterly dividend of $1.25 per share payable April 1, 2023 to shareholders of record on March 10, 2023. Tillkännagivande • Dec 20
Automatic Data Processing, Inc. to Report Q2, 2023 Results on Jan 25, 2023 Automatic Data Processing, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jan 25, 2023 Upcoming Dividend • Dec 01
Upcoming dividend of US$1.25 per share Eligible shareholders must have bought the stock before 08 December 2022. Payment date: 01 January 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.8%). Reported Earnings • Oct 27
First quarter 2023 earnings released: EPS: US$1.88 (vs US$1.66 in 1Q 2022) First quarter 2023 results: EPS: US$1.88 (up from US$1.66 in 1Q 2022). Revenue: US$4.22b (up 10.0% from 1Q 2022). Net income: US$779.0m (up 11% from 1Q 2022). Profit margin: 19% (in line with 1Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 01
Upcoming dividend of US$1.04 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 01 October 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (1.7%). Reported Earnings • Jul 28
Full year 2022 earnings released: EPS: US$7.04 (vs US$6.10 in FY 2021) Full year 2022 results: EPS: US$7.04 (up from US$6.10 in FY 2021). Revenue: US$16.5b (up 9.9% from FY 2021). Net income: US$2.95b (up 14% from FY 2021). Profit margin: 18% (in line with FY 2021). Over the next year, revenue is forecast to grow 7.9%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Jun 02
Upcoming dividend of US$1.04 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.4%). Buying Opportunity • May 01
Now 20% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be €272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 9.3%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 8.0% per annum over the same time period. Reported Earnings • Apr 28
Third quarter 2022 earnings released: EPS: US$2.22 (vs US$1.90 in 3Q 2021) Third quarter 2022 results: EPS: US$2.22 (up from US$1.90 in 3Q 2021). Revenue: US$4.51b (up 10.0% from 3Q 2021). Net income: US$928.5m (up 14% from 3Q 2021). Profit margin: 21% (in line with 3Q 2021). Over the next year, revenue is forecast to grow 6.9%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 03
Upcoming dividend of US$1.04 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.1%). Reported Earnings • Jan 28
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: US$1.65 (up from US$1.52 in 2Q 2021). Revenue: US$4.03b (up 8.9% from 2Q 2021). Net income: US$694.4m (up 7.2% from 2Q 2021). Profit margin: 17% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 7.0%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Dec 02
Upcoming dividend of US$1.04 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 01 January 2022. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%). Reported Earnings • Oct 28
First quarter 2022 earnings released: EPS US$1.66 (vs US$1.41 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$3.83b (up 10% from 1Q 2021). Net income: US$700.5m (up 16% from 1Q 2021). Profit margin: 18% (up from 17% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. Executive Departure • Oct 05
Chief Financial Officer Kathleen Winters has left the company On the 30th of September, Kathleen Winters' tenure as Chief Financial Officer ended after 2.5 years in the role. As of June 2021, Kathleen still personally held 4.42k shares (€735k worth at the time). Kathleen is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.88 years. Upcoming Dividend • Sep 02
Upcoming dividend of US$0.93 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 01 October 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.9%). Recent Insider Transactions • Jul 31
Insider recently sold €167k worth of stock On the 29th of July, Alex Quevedo sold around 950 shares on-market at roughly €176 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €201k more than they bought in the last 12 months. Reported Earnings • Jul 29
Full year 2021 earnings released: EPS US$6.10 (vs US$5.73 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: US$15.0b (up 2.8% from FY 2020). Net income: US$2.60b (up 5.4% from FY 2020). Profit margin: 17% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • Jun 03
Upcoming dividend of US$0.93 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 01 July 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Reported Earnings • Apr 30
Third quarter 2021 earnings released: EPS US$1.90 (vs US$1.91 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings, although profit margins were flat and revenues improved. Third quarter 2021 results: Revenue: US$4.10b (up 1.3% from 3Q 2020). Net income: US$810.7m (down 1.2% from 3Q 2020). Profit margin: 20% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Upcoming Dividend • Mar 04
Upcoming Dividend of US$0.93 Per Share Will be paid on the 1st of April to those who are registered shareholders by the 11th of March. The trailing yield of 2.1% is below the top quartile of German dividend payers (3.4%), but it is higher than industry peers (1.0%). Is New 90 Day High Low • Mar 01
New 90-day high: €147 The company is up 1.0% from its price of €146 on 01 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €119 per share. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 4.8%, compared to a 12% growth forecast for the IT industry in Germany. Reported Earnings • Jan 30
Second quarter 2021 earnings released: EPS US$1.52 (vs US$1.51 in 2Q 2020) The company reported a mediocre second quarter result with flat earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$3.70b (flat on 2Q 2020). Net income: US$647.5m (flat on 2Q 2020). Profit margin: 18% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. 
