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Stock impact report

Automatic Data Processing (NASDAQ:ADP) Is Increasing Its Dividend To $1.70 [Yahoo! Finance]

Automatic Data Processing, Inc. (ADP) 
Last automatic data processing, inc. earnings: 4/29 06:56 am Check Earnings Report
US:NASDAQ Investor Relations: investors.adp.com
Company Research Source: Yahoo! Finance
This will take the annual payment to 2.6% of the stock price, which is above what most companies in the industry pay. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last dividend was quite easily covered by Automatic Data Processing's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. Looking forward, earnings per share is forecast to rise by 28.1% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 54%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for Automatic Data Processing The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. Th Show less Read more
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