Automatic Data Processing (ADP)


Price/Share*:

$40.11

Annual Dividend:

$1.32

Dividend Yield:

3.29%

Pay Date:

01/01

Ex-Dividend Date:

12/10

Record Date:

12/12


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation


Company Profile Company Profile

Automatic Data Processing (ADP) -the company together with its subsidiaries, provides technology-based outsourcing solutions to employers, vehicle retailers, and manufacturers.  It operates in three segments: Employer Services, Professional Employer Organization (PEO) Services, and Dealer Services. The Employer Services segment offers a range of human resource information, payroll processing, and tax and benefits administration products and services, including traditional and Web-based outsourcing solutions. The PEO Services segment provides small and medium sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for employees. The Dealer Services segment offers integrated dealer management systems and business solutions to automotive, heavy truck, and powersports vehicle retailers in the United States, Canada, South Africa, Asia, and Europe. The company was founded in 1949 and is headquartered in Roseland, New Jersey.


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** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.