2020 - Total number of Aristocrats: 65. The copmany’s long-term earnings per share are shown in the image below: Source: Ycharts. Lets calculate the the dividend payout ratio for ADP Stock. Total revenue gained 6% to $3.5 billion while adjusted earnings before interest and taxes, or EBIT, increased 8% to $745 million. ADP has an above-average dividend yield and the company raises its dividend at a high rate. This gives it a wide economic “moat”, a term popularized by investing legend Warren Buffett. The most recent price for ADP’s stock can be accessed by going to the company’s Investor Relations website and clicking on “Stock Information.”, “The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. Although ADP is a highly consistent dividend growth stock, its mid-single-digit expected total returns make the stock a hold. 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! 21 of the Dividend Aristocrats pay their dividends usually following the pattern: March, June, September, and December. Automatic Data Processing 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%. Total revenue gained 6% to $3.5 billion while adjusted earnings before interest and taxes, or EBIT, increased 8% to $745 million. ADP has a deep connection with its customers, and enjoys a strong reputation for customer service, which helps keep customer retention very high. 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. The company recently reported fiscal 2020 first-quarter earnings, which was another terrific quarter. The Dividend Aristocrats Index is a list of 50 stocks that have consecutively increased their dividend payments for at least 25 years. 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. A valuation premium to the S&P 500. 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 … Charts; Tables; NAME SYMBOL PRICE PRICE % MARKET CAP . 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%. ADP's most recent quarterly dividend payment was made to shareholders of record on Friday, January 1. ADP has raised its dividend each year for 45 years in a row. Based on the current share price, the stock has a price-to-earnings ratio of 27.7. Industrials. Review the Chowder Rule along with the 3, 5, and 10 year ratios for dividend growth, EPS growth and the payout ratio to pick a solid investment for your portfolio. ADP Is A Dividend Aristocrat. For 2020, we had seven additions and no deletions. 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 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. Automatic Data Processing (ADP) Valuation Automatic Data Processing’s current dividend yield of 2.06% is -2% below its 5-year average. Its most recent increase came in November 2019, when the company implemented another very strong 15% raise. The Canadian Dividend Aristocrat list serves as a screen for further investigating a stock for a dividend growth portfolio. The Dividend Aristocrats is S&P500 list of stocks that have increased their dividend payouts for at least 25 consecutive years. These 7 stocks represent attractive long-term buys for dividend growth investors. 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. It significantly out performed the drop experienced by the S&P 500 which was 56%. Automatic Data Processing has a long history of paying and raising its dividend. With more than four consecutive decades of dividend increases, Automatic Data Processing (ADP) is one of my favorite dividend aristocrats. McDonald’s Stock is a member of the elite S&P 500 Dividend Aristocrats index. Its most recent increase came in November 2019, when the company implemented another very strong 15% raise. 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. Revenue grew 6% year over year from 2018’s total of $13.35 billion. This list of stocks is officially tracked by the ratings company. Earnings-per-share came in at $1.34 on an adjuste… There are many other reasons why my filtering start with dividend companies, see my post on why I chose dividend investing. And, the company has continued to increase its dividend annually every year since. ADP’s revenue per share and earnings per share increased each year from 2007 to 2009, throughout the recession. 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. So they have both a reliable history of paying a dividend (25 years uninterrupted!) List of Canadian Dividend Aristocrats in 2020 – Updated 10/30/20 ADP is a strong business. Sorted by Market Cap High to Low. EBIT margin rose 60bps to 21.3% of revenue. Think of this as free money the company makes while paying its clients’ employees. They are very popular amongst dividend investors as they have historically outperformed the S&P500 index and are less volatile than average. Its most recent increase came in November 2019, when the company implemented another very strong 15% raise. The company processed $2.1 trillion of payroll and taxes for its clients in 2019, which is a massive number. Based upon the forecast for earnings-per-share management provided, the payout ratio for this year should be right at 60%. Both segments produced gains as Employer Services saw its top line increase 4% and PEO Services’ revenue rose 8%. Over the last decade, ADP has grown its revenues from $8.93 billion in 2009 to $14.2 billion in 2019. Find the latest dividend history for Automatic Data Processing, Inc. Common Stock (ADP) at Nasdaq.com. 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. The 7 Best Dividend Aristocrats Today. ADP Dividend History. ADP provides a screenshot of compounded annual growth rate (CAGR) for its revenues over the last 10 years. The company recently reported fiscal 2020 first-quarter earnings, which was another terrific quarter. A dividend payout ratio of 69% is neutral; we would consider this dividend easy to maintain and safe for investors to trust. The company expects new business bookings to increase 6%-8% in the current fiscal year, in addition to a slightly higher customer retention rate. The Dividend Aristocrats List and Index (2015) Now, you may be wondering which these companies actually are? ADP – Automatic Data Processing T – AT&T. Dividend.com: The #1 Source For Dividend Investing. It has approximately 800,000 clients, in more than 140 countries worldwide. ADP has produced strong growth in recent years and we expect that will continue. I'm an employee of a company that uses ADP Forms W2, 1099, etc., Payroll, Passwords and more. ADP is a member of the Dividend Aristocrats, a group of 57 stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. The aristocrats are ... General Dynamics Stock is a member of the elite S&P 500 Dividend Aristocrats index. Dividend Aristocrats. To qualify for membership in the S&P 500 Dividend Aristocrats index, a stock must satisfy the following criteria: Consistent dividend growth for 45 years, making this a Dividend Aristocrat. ADP’s Dividend and Stock Split History. Companies in XLK usually command a higher valuation than the broader market and this is also true for ADP. This includes the following 7 new additions. ADP which is now branded as “Always Designing for People” was founded in 1949 with one mission in mind; to free businesses from non-core tasks such as processing payroll and human resources management. 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%. ADP processes payroll for 26 million workers in the United States and 15 million internationally, as well is in partnership with over 7,100 tax agencies in the US. Each stock has increased its annual dividend 25 or more consecutive years. 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. Although ADP’s stock has nearly doubled the market’s performance over the last decade, the company has plenty of room for continued growth. This streak qualifies ADP as a Dividend Aristocrat. This Dividend Aristocrat is a steal, too, at just 9 times forward earnings estimates. Finding great dividend stocks is hard work. Source: Investor Day Presentation, page 3. Emerson Stock is a member of the prestigious S&P 500 Dividend Aristocrats. This is a fairly rich valuation by most standards, and it is high by ADP’s own historical norms as well. To qualify for membership in the S&P 500 Dividend Aristocrats index, a stock must satisfy the following criteria: 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. These ... 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