In the dynamic landscape of the stock market, Automatic Data Processing Inc. (ADP) has continued to be a prominent player, offering a range of solutions in the realm of human capital management.
As investors continue to monitor its trajectory, a holistic understanding of ADP’s stock, dividend trends, forecast, split history, and earnings performance becomes imperative for informed decision-making.
ADP Stock Overview
ADP, founded in 1949, has evolved into a key player in providing cloud-based human capital management solutions to businesses of all sizes. With a strong focus on innovation and technology, the company has garnered a reputable position in the market, catering to the diverse needs of its clientele.
ADP is a component of the Nasdaq 100 (US 100).
ADP Stock Dividend
ADP has historically been known for its consistent dividend payouts, underscoring its commitment to shareholder value. The company’s dividend policy reflects its strong financial standing and confidence in its long-term growth prospects, making it an attractive option for income-seeking investors.
ADP Dividend History
- EX-DIVIDEND DATE 09/07/2023
- DIVIDEND YIELD 2.25%
- ANNUAL DIVIDEND $5.00
- P/E RATIO 26.81
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE | PAYMENT DATE |
|---|---|---|---|---|---|
| 09/07/2023 | CASH | $1.25 | 08/03/2023 | 09/08/2023 | 10/01/2023 |
| 06/08/2023 | CASH | $1.25 | 04/12/2023 | 06/09/2023 | 07/01/2023 |
| 03/09/2023 | CASH | $1.25 | 01/11/2023 | 03/10/2023 | 04/01/2023 |
| 12/08/2022 | CASH | $1.25 | 11/09/2022 | 12/09/2022 | 01/01/2023 |
| 09/08/2022 | CASH | $1.04 | 08/03/2022 | 09/09/2022 | 10/01/2022 |
| 06/09/2022 | CASH | $1.04 | 04/06/2022 | 06/10/2022 | 07/01/2022 |
| 03/10/2022 | CASH | $1.04 | 01/12/2022 | 03/11/2022 | 04/01/2022 |
| 12/09/2021 | CASH | $1.04 | 11/10/2021 | 12/10/2021 | 01/01/2022 |
| 09/09/2021 | CASH | $0.93 | 08/04/2021 | 09/10/2021 | 10/01/2021 |
| 06/10/2021 | CASH | $0.93 | 04/07/2021 | 06/11/2021 | 07/01/2021 |
| 03/11/2021 | CASH | $0.93 | 01/13/2021 | 03/12/2021 | 04/01/2021 |
| 12/10/2020 | CASH | $0.93 | 11/11/2020 | 12/11/2020 | 01/01/2021 |
| 09/10/2020 | CASH | $0.91 | 08/05/2020 | 09/11/2020 | 10/01/2020 |
| 06/11/2020 | CASH | $0.91 | 04/08/2020 | 06/12/2020 | 07/01/2020 |
| 03/12/2020 | CASH | $0.91 | 01/15/2020 | 03/13/2020 | 04/01/2020 |
| 12/12/2019 | CASH | $0.91 | 11/12/2019 | 12/13/2019 | 01/01/2020 |
ADP Stock Forecast
The ADP stock forecast presents a mixed outlook, combining both optimistic and cautious perspectives. Factors such as market competition, technological advancements, and evolving business demands contribute to the complexities of predicting ADP’s future stock performance.
Analysts are closely monitoring ADP’s strategic initiatives, product innovation, and market expansion efforts to refine their forecasts.
Seventeen analysts have provided their 12-month price forecasts for Automatic Data Processing Inc. Their median target stands at 250.00, ranging from a high estimate of 280.00 to a low estimate of 217.00. This median estimate indicates a 10.87% rise from the last recorded price of 225.49.
ADP Stock Split
ADP’s history of stock splits has illustrated its commitment to enhancing accessibility and liquidity for investors. By decreasing the stock price, ADP has made its shares more affordable and attractive to a broader range of investors.
Understanding the implications of past stock splits can provide valuable insights into ADP’s approach to managing its stock price dynamics.
Stock split list
| Date | Split | Multiple | Cumulative multiple |
|---|---|---|---|
| 2014-10-01 | 1139:1000 | x1.139 | x40.349828406952 |
| 2007-04-02 | 10000:9033 | x1.1070519207351 | x35.425661463523 |
| 1999-01-04 | 2:1 | x2 | x32 |
| 1996-01-02 | 2:1 | x2 | x16 |
| 1991-05-01 | 2:1 | x2 | x8 |
| 1986-06-09 | 2:1 | x2 | x4 |
| 1981-05-22 | 2:1 | x2 | x2 |
ADP Stock Earnings
ADP’s earnings performance has been a key indicator of its operational efficiency and market positioning. Amidst evolving market dynamics, ADP has demonstrated resilience, leveraging its technological prowess and industry expertise to drive sustainable growth.
Analyzing the company’s earnings reports, revenue streams, and cost management strategies offers a comprehensive understanding of its financial health and growth prospects.
In conclusion, ADP’s stock journey encompasses a blend of consistent dividends, strategic stock splits, and a resilient earnings performance. While the company continues to navigate through a rapidly evolving business landscape, its commitment to innovation and customer-centric solutions remains a cornerstone of its long-term success.
Investors and analysts alike are closely monitoring ADP’s moves, looking for cues to gauge its future trajectory in the competitive market space.
As with any investment decision, thorough research, and consultation with financial experts are crucial to navigating the complexities of the stock market and making informed choices. ADP’s journey serves as a compelling case study, emphasizing the significance of a balanced approach to risk assessment and growth potential evaluation in the ever-changing world of investments.
