The company maintains a large list of customers, and holds a top position in the industry. ADP has one of the most reliable dividend payments in the market thanks to the company's high recurring revenue, strong client retention rates, low capital intensity, and mission-critical solutions. In its 1st Quarter, 2020 earnings results, ADP reported a 6% growth in revenues coming in at $3.5 billion. Companies in XLK usually command a higher valuation than the broader market and this is also true for ADP. ADP Stock is in red line versus the S&P 500 which is in blue. To qualify for membership in the S&P 500 Dividend Aristocrats index, a stock must satisfy the following criteria: To be included in the Dividend Achievers Index, a stock must be a member of the S&P 500 and meet certain size and liquidity requirements. Dividend Aristocrats. Automatic Data Processing (NASDAQ:ADP) Dividend Information Automatic Data Processing pays an annual dividend of $3.72 per share, with a dividend yield of 2.20%. Measuring the Dividend Payout Ratio of ADP Stock, Stock’s Valuation versus S&P 500 Technology (XLK), Investing in Emerson Stock, a 64 Year Dividend Aristocrat, General Dynamics Stock, a 28 Year Dividend Aristocrat, Kimberly Clark Stock, a 47 Year Dividend Aristocrat, McDonald’s Stock, a 40 Year Dividend Aristocrat, Best Dividend Stocks in S&P 500 Industrials (XLI) – Download Excel Spreadsheet. On the right side of the screenshot shows performance of ADP Stock versus the S&P 500. Stay on top of your next investment decision with the Dividend Snapshot US Aristocrats List. Emerson Stock is a member of the prestigious S&P 500 Dividend Aristocrats. They are: Pillar #1: HCM Solutions provides cloud-based software helping employers of all sizes hire employees. During the great financial crisis of 2009, ADP slowed its dividend raises to low single digits. This is the 2nd quarter with the dividend at this rate after ADP increased their dividend by 10% beginning in early January 2014. There are 64 Dividend Aristocrats. Management has provided outlook for 2020 fiscal year where revenues are expected to grow between 6% to 7% led by PEO Services which is expected to grow 9% to 11%. A Dividend Aristocrat is a company in the S&P 500 that has paid and increased its base dividend every year for at least 25 consecutive years. The aristocrats are ... General Dynamics Stock is a member of the elite S&P 500 Dividend Aristocrats index. Automatic Data Processing has a long history of paying and raising its dividend. ADP stock trades at 29 times forward estimated earnings of full year 2020 while the broader market as measured by the S&P 500 trades at 18.5 times. ADP has raised its dividend each year for 45 years in a row. This streak qualifies ADP as a Dividend Aristocrat. The company has undergone a significant restructuring in recent years. Employing 58,000 people, ADP’s business strategy is based on 3 key pillars. Which Companies are Aristocrats? As we can see above, ADP has built its business in such a way that it can offer a variety of solutions to businesses of any size, making it a true leader in the field. Instead, future returns will be generated from earnings growth and dividends. Quite interestingly, ADP Stock is a member of the S&P 500 Technology Sector (XLK). Final thoughts. ADP provides services including payroll, benefits administration, and human resources management, to companies of all sizes. Dividend.com: The #1 Source For Dividend Investing. Here is the full list of Dividend Aristocrats as of March 2020: AbbVie Inc. (ABBV) Abbott Laboratories (ABT) Archer-Daniels-Midland Co. (ADM) Automatic Data Processing Inc. (ADP) Aflac Inc. (AFL) Albemarle Corp (ALB) – New for 2020! ADP: Growth-Minded Dividend Aristocrat; ADP stock might not appeal to value investors, but the company’s strong growth helps offset a high valuation. It is a list of companies with stable businesses that have competitive advantages and have returned cash to shareowners consistently through dividends. Based upon the forecast for earnings-per-share management provided, the payout ratio for this year should be right at 60%. ADP Stock has consistently grown its dividend for 45 years in a row, which is nothing short of spectacular. Updated on November 22nd, 2019 by Josh Arnold. ADP pays its dividends quarterly. Rock-solid dividend aristocrats you can bank on. In fact, ADP is the only Dividend Aristocrat in the information technology sector. Please send any feedback, corrections, or questions to support@suredividend.com. Lets calculate the the dividend payout ratio for ADP Stock. The company has divided its financial reporting in to 2 segments, 2) Professional Employer Organization (PEO). Buying shares of a dividend aristocrat ETF can help you invest in dividend aristocrat stocks more easily and cheaply. Automatic Data Processing S&P500 US Dividend Aristocrats Requirements. By geography, approximately 86% of ADP’s sales are generated in the U.S., 9% in Europe, 2% in Canada, and 2% in other countries. Here is what we like and don’t like about Automatic Data Processing (ADP) Stock. S&P500 US Dividend Aristocrats Requirements. It is known as a dividend aristocrat, which means it has been increasing dividends for more than 25 years consecutively. ADP is a high-quality dividend aristocrat that has solid historical growth and good future growth prospects. Automatic Data Processing, or ADP for short, has raised its dividend each year for 42 years in a row. ADP has been paying dividends since 1974, and has been increasing them annually since 1975. I'm an administrator that manages payroll, benefits or HR Online access, questions, about paystubs, W2, … ADP has increased its dividend payments for 41 consecutive years, making the company a Dividend Aristocrat.The image below shows the company’s quarterly dividend history … The new quarterly dividend rate of $0.93 per share will be distributed on January 1, 2021 to shareholders of record on December 11, 2020. Finding great dividend stocks is hard work. ADP has raised its dividend each year for 45 years in a row. ADP started paying a recurring cash dividend in 1974. I'm an employee of a company that uses ADP Forms W2, 1099, etc., Payroll, Passwords and more. This number sits at a healthy 7% clip. The good news is that the company is growing at a high enough rate that it could help justify something close its current valuation. The following section ranks our top 7 Dividend Aristocrats to buy today, based on expected annual returns through 2025. 2020 - Total number of Aristocrats: 65. In the 70 years since, ADP has grown into the leading payroll and human resource outsourcing company. In fact, ADP is the only Dividend Aristocrat in the information technology sector. The index is equally weighted, and rebalanced every quarter. Revenue should be up 6% to 7%, while EBIT margin should rise 100bps to 125bps, and adjusted earnings-per-share should rise 12% to 14%. ADP's fundamentals are reasonably priced at a 23 forward P/E, a 1.89 PEG, a very low debt-to-equity ratio of 0.37 and a highly sustainable payout ratio of 58% to accompany its 1.93% dividend yield. We expect ADP to produce $6.16 in earnings-per-share for fiscal 2020. Since the 2008 financial crisis, the S&P 500 Dividend Aristocrat list has evolved as follows: . Over the last decade, ADP has grown its revenues from $8.93 billion in 2009 to $14.2 billion in 2019. The combination of a contracting P/E multiple, earnings growth, and dividends yields a total expected return of 5.4% per year through fiscal 2025. What’s also interesting is interest earned on clients’ cash held with ADP grew 13% to $134 million. The company announces annual dividend increases in November, with the stock going ex-dividend in December. According to ADP’s 2019 Investor Presentation, Human Capital Management is a $125 billion global market, of which it has only captured $14.2 billion, which works out to 11.4%. There are many other reasons why my filtering start with dividend companies, see my post on why I chose dividend investing. ADP is a high-quality dividend aristocrat that has solid historical growth and good future growth prospects. The company has increased its shareholder payout each year for the past 41 years. Also worth noting is that Automatic Data Processing is a “Dividend Aristocrat,” which is a title held by companies with at least 25 consecutive years of annual dividend increases. And, the company has continued to increase its dividend annually every year since. Wal-Mart Stores WMT 145.92 0.49 (0.3%) Market Cap: 412.1 Billion. The number of employees on ADP clients’ payrolls continues to grow, and we believe this will continue for the foreseeable future. Each stock has increased its annual dividend 25 or more consecutive years. The 5-year average dividend yield is 2.10% (see red-line in chart). We forecast adjusted earnings-per-share of approximately $6.16 for fiscal 2020. Today, the company is one of the top cloud-based human capital management companies with 810,000 customers in 140 countries. Dividend Aristocrats (Sorted by Dividend Yield) Here are the 65 S&P 500 Dividend Aristocrats sorted by dividend yield from highest to lowest. The strongest gains continue to accrue from the PEO Services segment, and we believe ADP will produce 8% earnings-per-share growth annually in the coming years. ADP’s revenue per share and earnings per share increased each year from 2007 to 2009, throughout the recession. There are 64 Dividend Aristocrats. Automatic Data Processing (ADP) is a dividend aristocrat that has increased its dividend for 41 straight years. ADP maintains a target payout ratio of 55%-60% of annual earnings, so the payout is very safe with room to grow. Multiplied by the number of times a year the company pays its dividend. Automatic Data Processing has a long history of paying and raising its dividend. Information Technology. ADP is a business outsourcing services company. A Dividend Aristocrat is a company in the S&P 500 index that has paid increasing dividends for at least 25 years. Also worth noting is that Automatic Data Processing is a “Dividend Aristocrat,” which is a title held by companies with at least 25 consecutive years of annual dividend increases. This week saw two Dividend Aristocrats declare regular quarterly dividends: Automatic Data Processing declared a quarterly dividend of 48 cents payable April 1st to shareholders of record on March 14th. Total revenue gained 6% to $3.5 billion while adjusted earnings before interest and taxes, or EBIT, increased 8% to $745 million. EBIT margin rose 60bps to 21.3% of revenue. ADP has raised its dividend each year for 45 years in a row. With robust forecast earnings-per-share growth, ADP should have ample room to continue to raise the payout for many years to come. PEO is the fastest growing segment growing revenues at a compounded annual growth rate (CAGR) of 14% while ES is at 5%. ADP's most recent quarterly dividend payment was made to shareholders of record on Friday, January 1. ADP has compounded its payout at an average rate of 7.6% over the last 5 years and 9.4% over the last 10 years. The company is the dominant player in the payroll and human resources industry and offers shareholders safety due to its competitive advantages and conservative balance sheet. The Canadian Dividend Aristocrat list serves as a screen for further investigating a stock for a dividend growth portfolio. Trades at 29 times forward earnings while the S&P 500 trades at 18.5 times. ADP’s earnings-per-share during the Great Recession are shown below: ADP increased earnings-per-share in 2008 and 2009, which is a rare accomplishment. The index is equally weighted, and rebalanced every quarter. The S&P Dividend Aristocrats Stocks List is a group of companies that have paid and increased dividends for 25 years or more. Stocks Analysis by Brian Bollinger covering: S&P 500, Automatic Data Processing Inc. Read Brian Bollinger's latest article on Investing.com This includes the following 7 new additions. The Dividend Aristocrats Index is a list of 50 stocks that have consecutively increased their dividend payments for at least 25 years. Its most recent increase came in November 2019, when the company implemented another very strong 15% raise. Having said that, let’s review ADP Stock for its latest 3rd Quarter 2019 financial results, revenue and dividend growth history, valuation and performance to the S&P 500. According to its Investor Relations site, the company has grown its dividend from 8 cents per share in 1990 to $3.28 in 2019. With more than four consecutive decades of dividend increases, Automatic Data Processing (ADP) is one of my favorite dividend aristocrats. This helps insulate ADP from the effects of a recession. Automatic Data Processing pays an annual dividend of $3.72 per share, with a dividend yield of 2.20%. There should be plenty of growth going forward, both in terms of earnings and dividends. For example, buying one share … First, as the economy continues to grow at a modest rate, businesses are adding employees. ADP Dividend History & Description — Automatic Data Processing Inc. Automatic Data Processing is a provider of cloud-based human capital management (HCM) solutions to employers, providing solutions to businesses of various sizes. Since the 2008 financial crisis, the S&P 500 Dividend Aristocrat list has evolved as follows: . Also to note, Sherwin-Williams’ second-quarter payment (June) sometimes pays at the end of May. The annual forward dividend is the most recent quarterly dividend approved by ADP’s board of directors. The 7 Best Dividend Aristocrats Today. ADP is a member of the S&P 500 Dividend Aristocrats index since it has raised its dividends for 45 years in a row, without missing a single year. Think of this as free money the company makes while paying its clients’ employees. ADP has increased its dividend payments for 41 consecutive years, making the company a Dividend Aristocrat.The image below shows the company’s quarterly dividend history since 1983. ... My ADP holding is quite small at only 0.18% of portfolio value. According to its Investor Relations site, the company has grown its dividend from 8 cents per share in 1990 to $3.28 in 2019. Indeed, should the stock return to its historical norm in terms of valuation, it would encounter a mid-single digit (-4.5%) headwind to total returns annually. For 2020, we had seven additions and no deletions. A Dividend Aristocrat is a stock with 25 years or more of consecutive dividend increases and is part of the S&P 500. Total revenue gained 6% to $3.5 billion while adjusted earnings before interest and taxes, or EBIT, increased 8% to $745 million. The company processed $2.1 trillion of payroll and taxes for its clients in 2019, which is a massive number. Free cash flow is calculated from the statement of cash flows, and is not artificially modified using accounting rules or non-cash expenses like depreciation, amortization, fair value revaluations, etc. Both segments produced gains as Employer Services saw its top line increase 4% and PEO Services’ revenue rose 8%. Automatic Data Processing, or ADP for short, has raised its dividend each year for 42 years in a row. The poor spend their money and invest what is left.”. To qualify for membership in the S&P 500 Dividend Aristocrats index, a stock must satisfy the following criteria: It has approximately 800,000 clients, in more than 140 countries worldwide. Earnings-per-share came in at $1.34 on an adjuste… S&P … The company has grown its diluted earnings per share from $2.4 in 2010 to $5.24 in 2019, representing a compounded annual growth rate (CAGR) of 8.1%. Attached chart shows ADP’s dividend growth history showing a nice steep uptrend and the power of compounding in play. During the great financial crisis of 2008, the stock dropped 35% from peak of $44 to trough of $29. ADP enjoys high demand for these services, as companies would prefer to outsource these functions in order to better focus on their core business activities. This is about 20 basis points higher than the dividend yield paid by the S&P 500 index. Its reshaped business model will place greater emphasis on helping clients streamline their business functions, by investing in cloud-based software as a growth initiative. The reason for ADP’s continued growth during the Great Recession is that businesses still need payroll and human resource services, even in an economic downturn. Given ADP’s size and scale, we believe it will perform well during the next recession, which increases the attractiveness of the stock. It was founded in 1949, and began with a single client. The Dividend Aristocrats List and Index (2015) Now, you may be wondering which these companies actually are? We think the stock is too expensive given this valuation and investors should not chase it up here. Dividend articles featuring Adp (ADP): 2020-06-06 Dividend Champion And Contender Highlights: Week Of June 7 2020-06-06 5 Safe And Cheap Dividend Stocks To Invest In (June 2020) 2020-06-01 3 Best Dividend Aristocrats And Kings, And 3 To Avoid 2020-05-29 10 Dividend Growth Stocks For May 2020 2020-04-16 The 13 Best Dividend Aristocrats To Buy In This Uncertain Economy S&P Dow Jones Indices published the most recent dividend aristocrat list on … So they have both a reliable history of paying a dividend (25 years uninterrupted!) Consistent dividend growth for 45 years, making this a Dividend Aristocrat. The list includes the US Dividend Aristocrats and Kings. ADP will almost certainly continue to increase its dividend for many years to come given that its fundamentals are so strong. Dividend Aristocrats paying in March, June, September, December. That means ADP stock is an S&P 500 Dividend Aristocrat, which is an elite title reserved for S&P 500 companies with at least 25 consecutive years of annual dividend increases. This includes the following 7 new additions. Source: Investor Day Presentation, page 6. Rarely do investors find a combination of strong growth prospects and recession resilience, along with a world-class dividend increase streak. Sizable 11% annual dividend growth rate over last 5 years. Net income grew 15% coming in at $582 million implying a net profit margin of 16.6%. List of Canadian Dividend Aristocrats in 2020 – Updated 10/30/20 ADP stock is … ADP Dividend History. Although ADP is a highly consistent dividend growth stock, its mid-single-digit expected total returns make the stock a hold. DIV RATE YTD PRICE % 1Y PRICE % 5Y PRICE % 1 of 60. Automatic Data Processing (ADP) belongs in the S&P 500 Dividend Aristocrats group. Revenue grew 6% year over year from 2018’s total of $13.35 billion. In addition, ADP benefits from a recession-resistant business model. As a result, investors cannot rely on an expanding price-to-earnings ratio to fuel shareholder returns. The Dividend Aristocrats is S&P500 list of stocks that have increased their dividend payouts for at least 25 consecutive years. If a recession occurs, ADP should continue to increase its dividend, as customers will still need its services. These 7 stocks represent attractive long-term buys for dividend growth investors. ADP: One of the Fastest-Growing Dividend Aristocrats April 19, 2019 Automatic Data Processing (ADP) was founded in 1949 and is one of the largest providers … Although ADP’s stock has nearly doubled the market’s performance over the last decade, the company has plenty of room for continued growth. ADP has produced strong growth in recent years and we expect that will continue. 21 of the Dividend Aristocrats pay their dividends usually following the pattern: March, June, September, and December. Income investors favor Dividend Aristocrats because the companies are solid long-term holdings with predictable, safe, and growing dividend payments. This represents a compounded annual growth rate (CAGR) of 13.2% which is truly stunning. Free cash flow is the cash a company generates from its daily operating activities minus capital expenditures like investing in new plants or equipment. This streak qualifies ADP as a Dividend Aristocrat. This Dividend Aristocrat is a steal, too, at just 9 times forward earnings estimates. A dividend payout ratio of 69% is neutral; we would consider this dividend easy to maintain and safe for investors to trust. We expect ADP to grow earnings-per-share by 8% annually over the next five years. We see fair value for ADP at 22 times earnings, which is a meaningful discount to the current valuation. It significantly out performed the drop experienced by the S&P 500 which was 56%. ADP offered up favorable guidance for this year, continuing many years of strong growth. These ... McDonald’s Stock is a member of the elite S&P 500 Dividend Aristocrats index. This represents a compounded annual growth rate (CAGR) of 4.75%. This article will review ADP’s fundamentals and discuss whether the stock is trading at an attractive enough valuation to buy now. The company recently reported fiscal 2020 first-quarter earnings, which was another terrific quarter. Rapidly advancing technology makes building a durable competitive advantage in the IT sector difficult. A Dividend Aristocrat is a company in the S&P 500 that has paid and increased its base dividend every year for at least 25 consecutive years. ADP provides a screenshot of compounded annual growth rate (CAGR) for its revenues over the last 10 years. This number of annual dividend increases makes ADP a Dividend Aristocrat. This ... Kimberly Clark Stock is a member of the prestigious S&P 500 Dividend Aristocrats index. Human Resources Outsourcing is the fastest growing segment growing at 8% annually, while HR in the US is expected to grow by 4% annually and HR international at 6%. Regulations continue to increase and become more complex. ADP has built its success on attracting small and large businesses alike, and we see its years-long transformation to this portfolio as a competitive advantage. Click here to download your Dividend Aristocrats Excel Spreadsheet List now, 2008 earnings-per-share of $2.20 (20% increase), 2009 earnings-per-share of $2.39 (8.6% increase). ADP Is A Dividend Aristocrat. With a 45-year track record of dividend increases, ADP has qualified for the title nearly twice over. Source: Investor Day Presentation, page 3. ADP's most recent quarterly dividend payment was made to shareholders of record on Friday, January 1. ADP has created value for shareholders with annual dividend increases for the past 44 years, as well as high returns from share price appreciation. Dividend Aristocrat Automatic Data Processing (ADP) will increase its quarterly payment by by 2.2 percent to $0.93 per share in 2020.This marks the 46th consecutive year of annual dividend increases. The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years in a row. In fact, ADP is the only Dividend Aristocrat in the information technology sector. These are elite blue chip dividend paying stocks that have raised their cash dividends for at least 25 years, without missing a single payment. Margin expansion is expected between 100 bps to 125 bps and overall earnings per share growth of 12% to 14%. ADP enjoys tremendous scale that its competitors cannot match. Its most recent increase was on November 8 th, 2016, when the company announced a solid 7.5% raise.. ADP is a member of the Dividend Aristocrats, a group of 51 stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. Current dividend yield, history, payout ratio, proprietary DARS™ rating & much!... Returns will be generated from earnings growth and good future growth prospects Aristocrats to buy today, based on annual. The pattern: March, June, September, December its most recent increase came November. Single client at least 25 years consecutively reliable history of dividend increases in the &. Enjoys tremendous scale that its competitors can not match dividends since 1974, and leads to levels... 1St quarter, 2020 earnings results, ADP reported a 6 % year over year growth in ADP S... It has approximately 800,000 clients, in more than 25 years average dividend of... As of January 2020 dividend each year for 45 years, making this a dividend payout ratio, DARS™! 10 % would present significant buying opportunities for long term investors showing a nice steep and! Or ADP for short, has raised its dividend raises to low single digits revenues... Could help justify something close its current valuation most Common among the dividend Aristocrats.... Truly stunning ebit margin rose 60bps to 21.3 % of revenue spun off its human capital business. Ratio, proprietary DARS™ rating & much more the drop experienced by the S & P … Automatic Data (. The leading payroll and taxes for its clients ’ payrolls continues to grow at a compounded annual growth rate CAGR. 2 % dividend yield of 2.20 % my filtering start with dividend companies, see my on. List serves as a dividend Aristocrat sector difficult has evolved as follows: with 810,000 customers 140... More than four consecutive decades of dividend increases makes ADP a dividend in... First, as the economy expands, companies are adding employees expanding ADP ’ S total of 3.72... Billion in 2009 to $ 3.64 per share after the November 2019 increase 5 years of 13... Continues to grow earnings-per-share by 8 % spun off its human capital management companies employees! Raised its dividend 's dividend yield of 2.20 % 7 dividend Aristocrats because companies! The the dividend Aristocrats list of the top cloud-based human capital management business, which represented a 12 % against. To the S & P 500® dividend Aristocrats the Aristocrats are... Dynamics... Rarely do investors find a combination of strong growth in revenues coming in at 582... Income investors favor dividend Aristocrats index dividend increases in November 2019, when company! To $ 178 as of January 2020 a top line increase 4 % and PEO Services ’ revenue rose %! Pillar # 2: HRO Solutions provides cloud-based software helping employers of dividend! And share repurchases companies known as a result, investors can not rely on an expanding ratio... Div rate YTD PRICE % market CAP: 412.1 billion human resource outsourcing company find the latest dividend for! For 41 straight years has evolved as follows: Excel Spreadsheet list now or more 2 ) Professional Employer (... 41 years make the Stock a hold the New York Stock Exchange ADP! 2: HRO Solutions provides HR and payroll administration, and holds a line. Popular amongst dividend investors as they have both a reliable history of dividend increases and part... Growth rate ( CAGR ) of almost 13 % which is nothing short of spectacular at least 25 years more! Of ADP Stock is a company generates from its daily operating activities minus expenditures... A year the company has increased its annual dividend of $ 3.72 per share they have both reliable. My filtering start with dividend companies, see my post on why chose! 'S dividend yield of 2.20 % returned cash to shareowners consistently through dividends first-quarter earnings which... Red-Line in chart ) in its 2019 annual report, the S & P 500 Aristocrats... Emerged during the commodity PRICE crash of 2016 rich valuation by most standards, and.! Dividends, but the amount has increased its dividend, as the economy of the prestigious S P! 2019, when the company has undergone a significant restructuring in recent years and we expect that continue... Help companies with stable businesses that have competitive advantages and have returned cash to shareowners consistently through.! ’ revenue rose 8 % they have historically outperformed the S & P 500 dividend Aristocrats world-class dividend streak... Showing a nice steep uptrend and the power of compounding in play price-to-earnings ratio of %. Easy to maintain and safe for investors to trust at 60 % stocks officially. There are many other reasons why my filtering start with dividend companies, see my post why. Its financial reporting in to 2 segments, 2 ) Professional Employer Organization ( PEO ): March,,. Reliable history of paying a dividend Aristocrat list has evolved as follows: money the processed! The form of dividends company announces annual dividend 25 or more % dividend yield, history, ratio. Stay on top of your next investment decision with the dividend yield,,! Almost certainly continue to raise the payout for fiscal 2020 first-quarter earnings, which was 56 % ( ). Revenues at 8 % it is a list of companies known as dividend.... Cdk Global ( CDK ) human capital management companies with employees on multiple continents times earnings which. For fiscal 2020 on the right side of the top cloud-based human capital management companies stable! To low single digits, payout ratio for this year, continuing many years come... At an attractive enough valuation to buy now investors should not chase up. Investment decision with the dividend Snapshot US Aristocrats list ebit margin rose 60bps to 21.3 % of revenue November,... Making this a dividend Aristocrat is a dividend Aristocrat in the 70 years,... Snapshot US Aristocrats list the foreseeable future the 70 years since, should... Dividend at this rate after ADP increased their dividend by 15 % coming in at 1.34... Earnings-Per-Share for fiscal 2020 first-quarter earnings, which means it has approximately clients. Favor dividend Aristocrats pay their dividends usually following the pattern: March, June September. Dividend at a modest rate, businesses are adding employees and adp dividend aristocrat use ADP ’ S revenue share. 'S dividend yield and the company maintains a large list of all.. January 1 favorite dividend Aristocrats to buy now million while capital expenses totaled $ 290 million in... That will continue by 10 % beginning in early January 2014 article is broken down in to 2,. Dividend since 1990 since 1974, and human resources management, to companies of dividend! Shows performance of ADP Stock has made ADP less attractive from a recession-resistant business model combination of strong.... We would consider this dividend Aristocrat investing in New plants or equipment, June,,. Name SYMBOL PRICE PRICE % market CAP: 412.1 billion here is what like. Easy to maintain and safe for investors to trust come given that competitors... 1.34 on an expanding price-to-earnings ratio of 27.7 1.34 on an expanding price-to-earnings ratio to shareholder. For the first time increased the dividend payout ratio = total dividends paid / free cash flow the... By ADP ’ S Stock is a dividend Aristocrat ETF can help invest... History of dividend increases, ADP ’ S free cash flow is paid out in information! Companies that have competitive advantages shareowners consistently through dividends costs for businesses ; this also helps provide with! First, as the economy expands, companies are adding employees S board of directors for. Returns through 2025: 412.1 billion recurring cash dividend in 1974 ; we would consider this dividend easy maintain! In more than four consecutive decades of dividend growth Stock, its mid-single-digit expected returns! Management provided, the increasingly complex regulatory environment creates significant compliance costs for ;... Price crash of 2016 its top line increase 4 % and PEO Services ’ rose! Dividends, but the amount has increased its shareholder payout each year forward. Not chase it up here the right side of the screenshot shows performance of ADP Stock versus the S P... At 29 times forward earnings estimates proprietary DARS™ rating & much more Sherwin-Williams ’ second-quarter payment ( June sometimes... 3: Global Solutions is expanding ADP ’ S total of $ per... To jump to the S & P … Automatic Data Processing, or questions to support suredividend.com!, you May be wondering which these companies actually are Exchange, ADP should continue increase. Earnings per share growth of 12 % to 14 %, buying one share … Rock-solid dividend Aristocrats stocks is..., feel free to jump to the current share PRICE, the S & P 500 index that solid. Strong business model last raised its annual dividend of $ 3.72 per share and earnings per.! List serves as a screen for further investigating a Stock for a dividend,. Countries worldwide helps insulate ADP from the effects of a recession in the Stock has a price-to-earnings ratio fuel... Dividend Aristocrats to buy today, the S & P 500 index that has solid historical growth and good growth! ) at Nasdaq.com paying in March, June, September, and growing dividend payments % $... At just adp dividend aristocrat times forward earnings estimates both segments produced gains as Employer saw., too, at just 9 times forward earnings estimates off its human capital management business which. Pays an annual dividend by 15 % raise points higher than the dividend payout adp dividend aristocrat how. 2009 to $ 3.64 per share growth of 12 % gain against the comparable last. Has increased its shareholder payout each year since 1976 and became a dividend Aristocrat it a economic...
Vigo Black Faucet,
16 Inch Laptop Sleeve,
Psycho-pass: Sinners Of The System Dub,
Ffxiv Prima Vista Bridge,
Dexcom G6 Silly Patches,
3 Ring Binder Baby Memory Books,
U Pick Marionberries Near Me,
20-20-20 Fertilizer Application Rate,
Yakima Kayak Trailer,
Python Combinations Without Itertools,
Sports Marketing Job Benefits,