Automatic Data Processing Inc

NASDAQ ADP

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Automatic Data Processing Inc Dividend Payout Ratio for the year ending June 30, 2023: 55.79%

Automatic Data Processing Inc Dividend Payout Ratio is 55.79% for the year ending June 30, 2023, a -0.83% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.

Automatic Data Processing Inc Dividend Payout Ratio for the year ending June 30, 2022 was 56.26%, a -7.21% change year over year.
Automatic Data Processing Inc Dividend Payout Ratio for the year ending June 30, 2021 was 60.63%, a 1.70% change year over year.
Automatic Data Processing Inc Dividend Payout Ratio for the year ending June 30, 2020 was 59.62%, a 5.72% change year over year.
Automatic Data Processing Inc Dividend Payout Ratio for the year ending June 30, 2019 was 56.39%, a -14.07% change year over year.

NASDAQ: ADP

Automatic Data Processing Inc

CEO	Mr. Carlos A. Rodriguez
IPO Date	April 6, 1983
Location	United States
Headquarters	One ADP Boulevard, Roseland, NJ, United States, 07068
Employees	63,000
Sector	Industrials
Industry	Staffing & employment services

Description

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.

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