Automatic Data Processing Increases Cash Dividend 10%; Marks 38th Consecutive
Year of Dividend Increases
ROSELAND, N.J., Nov. 13, 2012 (GLOBE NEWSWIRE) -- The board of directors of
Automatic Data Processing, Inc. (Nasdaq:ADP) approved a 10% increase in the
cash dividend to an annual rate of $1.74 per share, Carlos A. Rodriguez, chief
executive officer, announced today.
The new quarterly dividend of 43.5 cents per share compares with the previous
quarterly dividend rate of 39.5 cents per share.This increased quarterly
dividend will be distributed on January 1, 2013 to shareholders of record at
December 14, 2012.
The increased cash dividend marks the 38^th consecutive year in which the
company has raised its dividend.
Automatic Data Processing, Inc. (Nasdaq:ADP), with more than $10 billion in
revenues and approximately 600,000 clients, is one of the world's largest
providers of business outsourcing solutions. Leveraging over 60 years of
experience, ADP offers a wide range ofhuman resource,payroll,tax
andbenefits administration solutionsfrom a single source. ADP's easy-to-use
solutions for employers provide superior value to companies of all types and
sizes. ADP is also a leading provider of integrated computing solutions
toauto, truck, motorcycle, marine, recreational vehicle, and heavy equipment
dealersthroughout the world. For more information about ADP or to contact a
local ADP sales office, reach us at 1.800.225.5237 or visit the company's
CONTACT: ADP Investor Relations, 973.974.5858
Press spacebar to pause and continue. Press esc to stop.