Current Yield
3.62%
TTM Dividend/Share
$8.18
Payment Frequency
Quarterly
Payout Ratio
76.2%
Consecutive Growth Years
43 (Dividend Champion)
Key takeaways
- Dividend Champion — Automatic Data Processing (ADP) has raised its dividend for 43 consecutive years.
- Automatic Data Processing (ADP) currently yields 3.62%, paying $8.18 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 76.2% — the share of earnings distributed as dividends.
- 5 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 11.54% (growth is decelerating).
Dividend yield valuation for Automatic Data Processing (ADP)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Above average — potential buy zone |
Current yield (now) | 3.62% |
1-year average yield | 1.91%now 1.71 pp above |
3-year average yield | 2.09%now 1.53 pp above |
5-year average yield | 2.00%now 1.62 pp above |
ADP: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Automatic Data Processing (ADP)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 15.2% |
FCF payout ratio | 13.4% |
Net debt / EBITDA | 0.1x |
Interest coverage | 9.18x |
ROIC (TTM) | 35.7% |
Dividend safety score for Automatic Data Processing (ADP)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
5 of 8 checks passed
Payout ratio below 75%
Payout ratio is 76.2%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $2.6B — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
43 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 13.4%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.1x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (11.5%) exceeds EPS growth (-11.6%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
173 payments from 1983 to 2026 · Adj. Dividend is split-adjusted
| Jun 12, 2026 | Jul 1, 2026 | $1.7000 | $1.7000 |
| Mar 13, 2026 | Apr 1, 2026 | $1.7000 | $1.7000 |
| Dec 12, 2025 | Jan 1, 2026 | $1.7000 | $1.7000 |
| Sep 12, 2025 | Oct 1, 2025 | $1.5400 | $1.5400 |
| Jun 13, 2025 | Jul 1, 2025 | $1.5400 | $1.5400 |
| Mar 14, 2025 | Apr 1, 2025 | $1.5400 | $1.5400 |
| Dec 13, 2024 | Jan 1, 2025 | $1.5400 | $1.5400 |
| Sep 13, 2024 | Oct 1, 2024 | $1.4000 | $1.4000 |
| Jun 14, 2024 | Jul 1, 2024 | $1.4000 | $1.4000 |
| Mar 7, 2024 | Apr 1, 2024 | $1.4000 | $1.4000 |
| Dec 7, 2023 | Jan 1, 2024 | $1.4000 | $1.4000 |
| Sep 7, 2023 | Oct 1, 2023 | $1.2500 | $1.2500 |
- Jun 12, 2026$1.7000
- Mar 13, 2026$1.7000
- Dec 12, 2025$1.7000
- Sep 12, 2025$1.5400
- Jun 13, 2025$1.5400
- Mar 14, 2025$1.5400
- Dec 13, 2024$1.5400
- Sep 13, 2024$1.4000
- Jun 14, 2024$1.4000
- Mar 7, 2024$1.4000
- Dec 7, 2023$1.4000
- Sep 7, 2023$1.2500
Historical dividend yield for Automatic Data Processing (ADP)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.91%5Y: 2.00%10Y: 2.03%
Dividend per share for Automatic Data Processing (ADP)
CAGR (per year)1Y: 10.10%5Y: 11.54%10Y: 12.19%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1983 | $0.02 | 3 |
| 1984 | $0.03 | 4 |
| 1985 | $0.03 | 4 |
| 1986 | $0.04 | 4 |
| 1987 | $0.04 | 4 |
| 1988 | $0.05 | 4 |
| 1989 | $0.06 | 4 |
| 1990 | $0.07 | 4 |
| 1991 | $0.08 | 4 |
| 1992 | $0.09 | 4 |
| 1993 | $0.10 | 4 |
| 1994 | $0.12 | 4 |
| 1995 | $0.14 | 4 |
| 1996 | $0.16 | 4 |
| 1997 | $0.19 | 4 |
| 1998 | $0.22 | 4 |
| 1999 | $0.25 | 4 |
| 2000 | $0.29 | 4 |
| 2001 | $0.34 | 4 |
| 2002 | $0.37 | 4 |
| 2003 | $0.40 | 4 |
| 2004 | $0.46 | 4 |
| 2005 | $0.52 | 4 |
| 2006 | $0.62 | 4 |
| 2007 | $0.84 | 4 |
| 2008 | $1.05 | 4 |
| 2009 | $1.17 | 4 |
| 2010 | $1.21 | 4 |
| 2011 | $1.29 | 4 |
| 2012 | $1.42 | 4 |
| 2013 | $1.57 | 4 |
| 2014 | $1.75 | 4 |
| 2015 | $2.00 | 4 |
| 2016 | $2.16 | 4 |
| 2017 | $2.34 | 4 |
| 2018 | $2.80 | 4 |
| 2019 | $3.28 | 4 |
| 2020 | $3.66 | 4 |
| 2021 | $3.83 | 4 |
| 2022 | $4.37 | 4 |
| 2023 | $5.15 | 4 |
| 2024 | $5.74 | 4 |
| 2025 | $6.32 | 4 |
| 2026 | $3.40 | 2 |
Dividend growth for Automatic Data Processing (ADP)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $6.3200 | — | — |
| 2025 | $5.7400 | $6.3200 | +10.1% |
| 2024 | $5.1500 | $5.7400 | +11.5% |
| 2023 | $4.3700 | $5.1500 | +17.8% |
| 2022 | $3.8300 | $4.3700 | +14.1% |
| 2021 | $3.6600 | $3.8300 | +4.6% |
| 2020 | $3.2800 | $3.6600 | +11.6% |
| 2019 | $2.8000 | $3.2800 | +17.1% |
| 2018 | $2.3400 | $2.8000 | +19.7% |
| 2017 | $2.1600 | $2.3400 | +8.3% |
| 2016 | $2.0000 | $2.1600 | +8.0% |
| 2015 | $1.7543 | $2.0000 | +14.0% |
| 2014 | $1.5672 | $1.7543 | +11.9% |
| 2013 | $1.4223 | $1.5672 | +10.2% |
| 2012 | $1.2950 | $1.4223 | +9.8% |
| 2011 | $1.2116 | $1.2950 | +6.9% |
| 2010 | $1.1677 | $1.2116 | +3.8% |
| 2009 | $1.0536 | $1.1677 | +10.8% |
| 2008 | $0.8409 | $1.0536 | +25.3% |
| 2007 | $0.6226 | $0.8409 | +35.1% |
| 2006 | $0.5155 | $0.6226 | +20.8% |
| 2005 | $0.4560 | $0.5155 | +13.0% |
| 2004 | $0.3965 | $0.4560 | +15.0% |
| 2003 | $0.3688 | $0.3965 | +7.5% |
| 2002 | $0.3363 | $0.3688 | +9.7% |
| 2001 | $0.2911 | $0.3363 | +15.5% |
| 2000 | $0.2490 | $0.2911 | +16.9% |
| 1999 | $0.2173 | $0.2490 | +14.6% |
| 1998 | $0.1891 | $0.2173 | +14.9% |
| 1997 | $0.1646 | $0.1891 | +14.9% |
| 1996 | $0.1388 | $0.1646 | +18.6% |
| 1995 | $0.1150 | $0.1388 | +20.7% |
| 1994 | $0.1001 | $0.1150 | +14.9% |
| 1993 | $0.0882 | $0.1001 | +13.5% |
| 1992 | $0.0768 | $0.0882 | +14.8% |
| 1991 | $0.0669 | $0.0768 | +14.8% |
| 1990 | $0.0575 | $0.0669 | +16.4% |
| 1989 | $0.0496 | $0.0575 | +16.0% |
| 1988 | $0.0421 | $0.0496 | +17.6% |
| 1987 | $0.0367 | $0.0421 | +14.9% |
| 1986 | $0.0330 | $0.0367 | +11.3% |
| 1985 | $0.0300 | $0.0330 | +9.9% |
| 1984 | — | $0.0300 | — |
- 2026—
- 2025$6.3200
- 2024$5.7400
- 2023$5.1500
- 2022$4.3700
- 2021$3.8300
- 2020$3.6600
- 2019$3.2800
- 2018$2.8000
- 2017$2.3400
- 2016$2.1600
- 2015$2.0000
- 2014$1.7543
- 2013$1.5672
- 2012$1.4223
- 2011$1.2950
- 2010$1.2116
- 2009$1.1677
- 2008$1.0536
- 2007$0.8409
- 2006$0.6226
- 2005$0.5155
- 2004$0.4560
- 2003$0.3965
- 2002$0.3688
- 2001$0.3363
- 2000$0.2911
- 1999$0.2490
- 1998$0.2173
- 1997$0.1891
- 1996$0.1646
- 1995$0.1388
- 1994$0.1150
- 1993$0.1001
- 1992$0.0882
- 1991$0.0768
- 1990$0.0669
- 1989$0.0575
- 1988$0.0496
- 1987$0.0421
- 1986$0.0367
- 1985$0.0330
- 1984$0.0300
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Automatic Data Processing (ADP) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation