ADP: A Dividend Powerhouse with Continuous Growth

49 Years of Dividend Payments

Automatic Data Processing, Inc. (ADP) has a long-standing history of providing reliable dividends to its shareholders. For 49 consecutive years, the company has consistently paid and increased its dividends, making it an attractive investment for income-seeking individuals.

Recent Quarterly Results Exceed Expectations

In its recent fourth-quarter fiscal 2022 earnings report, ADP announced adjusted earnings per share of 1.50, surpassing analysts' expectations. This strong performance highlights the company's ability to navigate economic challenges and continue delivering value to its clients.

Premarket Trading Surge

On Wednesday, ADP's stock rose 46 in premarket trading, driven by the positive earnings report. Investors were encouraged by the company's continued growth and its commitment to shareholder returns.