Automatic Data Processing (ADP) Declares $1.70 Quarterly Dividend with 2.63% Yield
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Quarterly Dividend Announcement: Automatic Data Processing (ADP) has declared a quarterly dividend of $1.70 per share, consistent with previous distributions, reflecting the company's stable cash flow and shareholder return strategy.
- Yield Performance: The forward yield of 2.63% provides investors with a relatively attractive return, enhancing market confidence in ADP's stock.
- Shareholder Record Date: The dividend will be payable on April 1, with a record date of March 13 and an ex-dividend date also on March 13, ensuring shareholders can receive their dividend promptly.
- Future Growth Outlook: ADP maintains a revenue growth outlook of 5%-6% for fiscal 2026 while advancing AI and embedded payroll initiatives, indicating the company's strategic commitment to innovation and market expansion.
Analyst Views on ADP
Wall Street analysts forecast ADP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADP is 293.58 USD with a low forecast of 245.00 USD and a high forecast of 332.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
1 Buy
9 Hold
2 Sell
Hold
Current: 257.070
Low
245.00
Averages
293.58
High
332.00
Current: 257.070
Low
245.00
Averages
293.58
High
332.00
About ADP
Automatic Data Processing, Inc. is a provider of cloud-based human capital management (HCM) solutions. Its segments include Employer Services and Professional Employer Organization (PEO). Its Employer Services segment serves clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of technology-based HCM solutions, including its cloud-based platforms, and human resource outsourcing (HRO) (other than PEO) solutions. Its offerings include Payroll Services, Benefits Administration, Talent Management, HR Management, Workforce Management, Compliance Services, Insurance Services and Retirement Services. Its PEO business, called ADP TotalSource, provides clients with guidance, technology, comprehensive employee benefits, risk management, safety, and workers’ compensation program. Its compensation management software supports the compensation planning needs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
