ADP Raises Annual Dividend For 35th Consecutive Year

ADP (ADP), a global provider of business software and services, raised its quarterly dividend from $0.33 per share to $0.34 per share, a 3.03 percent increase. The new dividend is payable January 1, 2010 to shareholders of record as of December 11, 2009.

ADP has raised its quarterly dividend 35 consecutive years, making it a Dividend Aristocrat, Dividend Achiever and U.S. Dividend Champion. See Dividend History for a table of dividend payments back to March 1974.

Its current dividend yield is 3.30 percent.

To get more performance information about ADP, use the buyupside.com Stock Return Calculator. Enter ADP as the stock symbol on the calculator input form.

See Follow ADP With the buyupside.com Price Direction Indicator to get daily price and PDI updates.

See Portfolio of Dividend-Paying Technology Stocks for more dividend-paying technology stocks.

I (RAH) own ADP.

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Posted November 11, 2009.

ADP Raises Annual Dividend For 35th Consecutive Year

ADP Raises Annual Dividend For 35th Consecutive Year