Automatic Data Processing (ADP) Increases Quarterly Dividend 6% to $0.36; Yields 3.2%

Automatic Data Processing, Inc.(Nasdaq: ADP) declared a quarterly dividend of $0.36 per share, $1.44 annualized. The dividend is a 6% increase from the prior rate of $0.34. The dividend is payable on January 1, 2011 to shareholders of record at December 10, 2010. The ex-dividend date is December 8, 2010. Yield on the dividend is 3.2%.... Read more

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