ADP hikes dividend for 41st consecutive year

Automatic Data Processing (ADP) will raise its dividend by 8.2%.

Dividend Aristocrat ADP will increase its quarterly dividend by 4 cents, marking 41 consecutive years of higher dividends.

"Along with ADP's commitment to our clients and our associates, we remain committed to our shareholder friendly actions. Our 41-year track record of increasing dividends is evidence of this commitment," said CEO Carlos Rodriguez.

Source: ADP

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