ADP Just Raised Its Dividend 10% for the 50th Year in a Row

ADP Just Raised Its Dividend 10% for the 50th Year in a Row

Quick Read ADP (ADP) raised its quarterly dividend by 10% to $1.70 per share. This marks ADP’s 50th consecutive year of dividend increases. ADP generated $4.8B in free cash flow against $2.4B in dividend payments. The FCF payout ratio of 50.3% leaves room for growth. Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins. Automatic Data Processing (NASDAQ:ADP) just raised its quarterly …