ADP Boosts Quarterly Dividend for 52nd Straight Year
Automatic Data Processing increased its quarterly cash dividend by $0.20 to $1.90 per share, marking 52 consecutive years of payout growth.
Automatic Data Processing, Inc. announced that its board of directors approved a $0.20 per share increase in its quarterly cash dividend. The decision raises the company's annual payout to $7.60 per share, which represents a 12% rise. Stockholders of record as of December 11, 2026, will receive the newly adjusted quarterly rate of $1.90 per share on January 1, 2027.
The move extends ADP's streak of consecutive annual dividend increases to 52 years. Maria Black, the company's president and chief executive officer, stated that the higher distribution reflects the board's trust in the organization's ongoing financial stability and demonstrates a sustained dedication to returning capital to shareholders.
The dividend news follows the company's first-quarter fiscal 2027 earnings call on Oct. 28, 2026, where leadership increased full-year revenue guidance to approximately 6% growth. During the call, management highlighted steady demand for payroll services alongside margin expansion driven by artificial intelligence. Chief Financial Officer Peter Hadley noted that deployment of its internal platform, The Zone, reached 60% by the end of the first quarter, tracking ahead of initial schedules to automate client service workflows.
ADP is also pursuing growth through product and distribution initiatives. The company partnered with PNC Bank to embed payroll and human capital management software directly into digital banking systems to attract small business clients. Furthermore, Black reported the European rollout of its enterprise software, Lyric HCM, making the platform available to organizations based in France, Germany, The Netherlands, and the United Kingdom.
On November 11, 2026, ADP stock closed at 305.44 after trading between 301.79 and 306.65, against a 52-week range of 188.16 to 310.98. The firm's market capitalization stood at 120.938B with a price-to-earnings ratio of 27.16 and trailing twelve-month revenue of 22.26B. Looking forward, the company's next estimated earnings date is Jan 27, 2027.