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

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.
At 11:36 a.m. ET Wednesday, Resideo shares traded at $22.15, with a $2.70 gain on the day.
The two banks lowered their targets ahead of Nvidia’s Nov. 17 earnings report. Shares were 2.1% lower in premarket trading on Nov. 10.
At midday Wednesday, the stock was at $18.12, down $1.15 for the session.