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Automatic Data Processing Lifts Quarterly Dividend to $1.90 Per Share

The new rate is $0.20 above the former $1.70 quarterly dividend.

Updated 1 min read
Employees approach an office building in Roseland, New Jersey, on an overcast morning. / EconoTimes.ai
Employees approach an office building in Roseland, New Jersey, on an overcast morning. / EconoTimes.ai

Automatic Data Processing (ADP) said Nov. 11 that its regular quarterly dividend would increase by $0.20 per share, to $1.90.

The increase is about 11.8% of the previous rate, or 12% when rounded.

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