Ex-Dividend Alert: SLR Investment, NAPCO Security Technologies, and Automatic Data Processing
Upcoming Ex-Dividend Dates: On 12/12/25, Slr Investment Corp (SLRC), NAPCO Security Technologies, Inc. (NSSC), and Automatic Data Processing Inc. (ADP) will trade ex-dividend, with respective dividends of $0.41, $0.14, and $1.70 scheduled for payment on 12/26/25, 1/2/26, and 1/1/26.
Expected Price Adjustments: Following the ex-dividend date, SLRC shares are expected to drop by approximately 2.55%, NSSC by 0.34%, and ADP by 0.66%, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the upcoming dividends are 10.20% for Slr Investment Corp, 1.35% for NAPCO Security Technologies, and 2.63% for Automatic Data Processing, reflecting their historical dividend stability.
Current Trading Performance: As of Wednesday trading, Slr Investment Corp shares are up 0.4%, while NAPCO Security Technologies and Automatic Data Processing shares are down 1.6% and 0.2%, respectively.
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Analyst Views on ADP
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- Employment Growth Trend: For the four weeks ending April 4, 2026, U.S. private employers added an average of 54,750 jobs per week, indicating a positive trend with five consecutive weeks of hiring improvement, reflecting signs of economic recovery.
- Data Source and Adjustments: These figures are derived from the NER Pulse, utilizing ADP's high-frequency data that is seasonally adjusted to ensure accurate estimates of real-time employment trends, although these preliminary numbers may change as new data is incorporated.
- Release Frequency and Transparency: The NER Pulse is published every Tuesday at 8:15 a.m., providing weekly estimates of employment changes along with 12 weeks of historical data, enhancing market transparency and confidence regarding employment conditions.
- ADP's Mission and Impact: ADP Research aims to enhance work productivity through data-driven insights, with over 1.1 million clients relying on its innovative solutions to tackle business challenges globally, further driving economic growth.
- Agility at Work Award: Northwood Investors partnered with ADP to unify payroll, benefits, and workforce management, creating a centralized HCM foundation that provides real-time data to support global business growth, enhancing compliance and employee experience.
- Culture at Work Award: Thrive Restaurant Group successfully integrated nine systems into a unified HCM platform while scaling from 2,000 to 8,000 employees, reducing turnover by 57% and saving $3.5 million annually, thereby reinforcing its people-first culture.
- Global Solutions at Work Award: Four Seasons implemented standardized global payroll processes with ADP, enabling rapid onboarding of new properties and enhancing employee experience and market consistency, thus strengthening its people-first culture.
- Innovation at Work Award: LRS unified hiring, onboarding, and payroll management, improving labor planning and compliance, while real-time dashboards and salary benchmarking enhanced cost control, supporting its rapidly growing business needs.
- Agility at Work Award: Northwood Investors partnered with ADP to unify payroll, benefits, and workforce management, creating a centralized HCM foundation that provides real-time data across its U.S. and European portfolio, enhancing compliance and employee experience while driving business growth.
- Culture at Work Award: Thrive Restaurant Group scaled from 2,000 to 8,000 employees while integrating nine systems, achieving a 57% reduction in turnover and saving $3.5 million annually, thereby reinforcing its people-first culture.
- Global Solutions at Work Award: Four Seasons implemented standardized global payroll processes with ADP, enabling rapid onboarding of new properties and enhancing employee experience and market consistency, further solidifying its luxury brand image worldwide.
- Innovation at Work Award: LRS unified hiring, onboarding, and payroll management, improving workforce planning efficiency, reducing turnover, and strengthening compliance, ensuring effective HR management during rapid expansion through over 50 acquisitions.
- Employment Growth Trend: For the four weeks ending March 28, 2026, U.S. private employers added an average of 39,250 jobs per week, indicating a strong employment growth trend and marking the fourth consecutive week of significant increases, reflecting a positive economic recovery momentum.
- Data Source and Adjustments: These figures are derived from the NER Pulse, which utilizes ADP's high-frequency data and is seasonally adjusted to ensure accurate estimates of real-time employment trends, highlighting the ongoing rise in labor demand in the market.
- Historical Data Release: The NER Pulse is published every Tuesday at 8:15 a.m. ET, providing 12 weeks of historical data that aids businesses and policymakers in understanding employment market dynamics, thus supporting informed decision-making processes.
- Future Release Schedule: The next NER Pulse will be released on April 21, 2026, continuing to monitor changes in the employment market and providing stakeholders with the latest employment data and trend analysis.
- Strong Long-Term Revenue Growth: ADP has achieved an annualized revenue growth rate of 7.8% over the past five years, surpassing the average performance of business services companies, indicating strong customer resonance and laying the groundwork for sustained future growth.
- Improved Free Cash Flow Margin: With an average free cash flow margin of 20.7% over the last five years, ADP has demonstrated its ability to reinvest effectively, return capital to shareholders, and maintain a competitive edge, reflecting its outstanding performance in the business services sector.
- Significant Increase in ROIC: ADP's return on invested capital (ROIC) has risen significantly in recent years, suggesting that its competitive advantages or profitable growth opportunities are expanding, which may attract more investor interest in its future growth potential.
- Reasonable Stock Valuation: Despite the recent drop in ADP's stock price to $188.95, with a forward P/E ratio of 17, this presents a potential entry point for investors, especially given the company's solid fundamentals.
- Job Transition Trends: According to Wolfe Research's latest 'Roth Report', while approximately 700,000 jobs have been lost due to AI, around 1 million new positions have been created in the past two years, indicating that job creation is currently outpacing job displacement, reflecting a positive shift in the labor market.
- Economic Risk Warning: Analysts caution that despite the net job gain, losses are heavily concentrated in routine roles within the technology and finance sectors, while new hiring is shifting towards highly specialized positions for managing and auditing AI systems, posing structural risks to the economy.
- Future Job Projections: The report employs AI modeling to predict that roles such as 'AI Ethicists', 'Algorithm Auditors', and 'Prompt Engineers' will dominate the labor market in the 2030s, highlighting a strong demand for technical talent that was virtually non-existent five years ago.
- Skills Gap Challenge: As the labor market bifurcates, the ability of companies to bridge the current skills gap will likely become a defining factor in corporate earnings and broader economic stability through 2026 and beyond, with potential short-term wage volatility as firms compete for a limited pool of specialized talent.











