These ... McDonald’s Stock is a member of the elite S&P 500 Dividend Aristocrats index. Income investors favor Dividend Aristocrats because the companies are solid long-term holdings with predictable, safe, and growing dividend payments. ADP has raised its dividend each year for 45 years in a row. According to ADP’s 2019 Investor Presentation, Human Capital Management is a $125 billion global market, of which it has only captured $14.2 billion, which works out to 11.4%. The index is equally weighted, and rebalanced every quarter. ADP is a strong business. ADP: One of the Fastest-Growing Dividend Aristocrats April 19, 2019 Automatic Data Processing (ADP) was founded in 1949 and is one of the largest providers … ADP will almost certainly continue to increase its dividend for many years to come given that its fundamentals are so strong. Wal-Mart Stores WMT 145.92 0.49 (0.3%) Market Cap: 412.1 Billion. The Dividend Aristocrats is S&P500 list of stocks that have increased their dividend payouts for at least 25 consecutive years. So they have both a reliable history of paying a dividend (25 years uninterrupted!) Having said that, let’s review ADP Stock for its latest 3rd Quarter 2019 financial results, revenue and dividend growth history, valuation and performance to the S&P 500. It is a list of companies with stable businesses that have competitive advantages and have returned cash to shareowners consistently through dividends. Its most recent increase was on November 8 th, 2016, when the company announced a solid 7.5% raise.. ADP is a member of the Dividend Aristocrats, a group of 51 stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. As a global company, ADP is uniquely positioned to help companies with employees on multiple continents. Based on the current share price, the stock has a price-to-earnings ratio of 27.7. The annual forward dividend is the most recent quarterly dividend approved by ADP’s board of directors. 21 of the Dividend Aristocrats pay their dividends usually following the pattern: March, June, September, and December. Thanks for reading this article. With more than four consecutive decades of dividend increases, Automatic Data Processing (ADP) is one of my favorite dividend aristocrats. This number sits at a healthy 7% clip. 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 For 2020, we had seven additions and no deletions. It has approximately 800,000 clients, in more than 140 countries worldwide. In its 1st Quarter,  2020 earnings results, ADP reported a 6% growth in revenues coming in at $3.5 billion. The company has divided its financial reporting in to 2 segments, 2) Professional Employer Organization (PEO). 2020 - Total number of Aristocrats: 65. The company’s excellent dividend growth track record is the result of its reliable business model. In fact, ADP is the only Dividend Aristocrat in the information technology sector. PEO is the fastest growing segment growing revenues at a compounded annual growth rate (CAGR) of 14% while ES is at 5%. What’s also interesting is interest earned on clients’ cash held with ADP grew 13% to $134 million. Hikes have averaged a modest 5.2% over the … A dividend aristocrat is a company that not only pays a dividend consistently but continuously increases the size of its payouts to shareholders. Dividend Aristocrats (Sorted by Dividend Yield) Here are the 65 S&P 500 Dividend Aristocrats sorted by dividend yield from highest to lowest. Regulations continue to increase and become more complex. ADP is a high-quality dividend aristocrat that has solid historical growth and good future growth prospects. ADP is a business outsourcing services company. ADP's most recent quarterly dividend payment was made to shareholders of record on Friday, January 1. Dividend.com: The #1 Source For Dividend Investing. Automatic Data Processing (ADP) Valuation Automatic Data Processing’s current dividend yield of 2.06% is -2% below its 5-year average. The S&P Dividend Aristocrats Stocks List is a group of companies that have paid and increased dividends for 25 years or more. Click here to download your Dividend Aristocrats Excel Spreadsheet List now, 2008 earnings-per-share of $2.20 (20% increase), 2009 earnings-per-share of $2.39 (8.6% increase). The company has increased its shareholder payout each year for the past 41 years. ADP Stock last raised its annual dividend by 15% on November 12th, 2019 to $3.64 per share. 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. It is rare to find a company that has a mix of growth and dividends, but Automatic Data Processing (ADP) is a growth-oriented Dividend Aristocrat. This streak qualifies ADP as a Dividend Aristocrat. Over the last decade, ADP has grown its revenues from $8.93 billion in 2009 to $14.2 billion in 2019. Over the last decade, ADP Stock has gained 509% handily beating the performance of the S&P 500 which has gained 198%. Here is what we like and don’t like about Automatic Data Processing (ADP) Stock. Employer Services segment grew revenues 4% while PEO grew revenues at 8%. ADP has one of the most reliable dividend payments in the market thanks to the company's high recurring revenue, strong client retention rates, low capital intensity, and mission-critical solutions. Consistent dividend growth for 45 years, making this a Dividend Aristocrat. Free cash flow is calculated from the statement of cash flows, and is not artificially modified using accounting rules or non-cash expenses like depreciation, amortization, fair value revaluations, etc. ADP stock trades at 29 times forward estimated earnings of full year 2020 while the broader market as measured by the S&P 500 trades at 18.5 times. 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. ADP Stock has grown from $5 in January 1990 to $178 as of January 2020. Dividend Aristocrat #7: Federal Realty Investment Trust (FRT) 5-year Expected Annual Returns: 10.4% Revenue should be up 6% to 7%, while EBIT margin should rise 100bps to 125bps, and adjusted earnings-per-share should rise 12% to 14%. According to its Investor Relations site, the company has grown its dividend from 8 cents per share in 1990 to $3.28 in 2019. ADP Dividend History & Description — Automatic Data Processing Inc. Automatic Data Processing is a provider of cloud-based human capital management (HCM) solutions to employers, providing solutions to businesses of various sizes. 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! This represents a compounded annual growth rate (CAGR) of 13.2% which is truly stunning. Automatic Data Processing 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%. Source: Investor Day Presentation, page 3. 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. This streak qualifies ADP as a Dividend Aristocrat. Earnings-per-share came in at $1.34 on an adjuste… In fact, ADP is the only Dividend Aristocrat in the information technology sector. Pillar #2: HRO Solutions provides HR and payroll administration, employee benefits administration, employer liability and other associated functions. They are: Pillar #1: HCM Solutions provides cloud-based software helping employers of all sizes hire employees. ADP has produced strong growth in recent years and we expect that will continue. Net income grew 15% coming in at $582 million implying a net profit margin of 16.6%. Find the latest dividend history for Automatic Data Processing, Inc. Common Stock (ADP) at Nasdaq.com. Not surprisingly, ADP scores extremely well for Dividend Safety and Dividend Growth and is the type of business I like to own in our Top 20 Dividend Stocks portfolio. But ADP stock would be an attractive buy on any meaningful pullback in the share price, which would result in a lower valuation and higher dividend yield. Earnings-per-share came in at $1.34 on an adjusted basis, which represented a 12% gain against the comparable period last year. Its reshaped business model will place greater emphasis on helping clients streamline their business functions, by investing in cloud-based software as a growth initiative. 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. Please send any feedback, corrections, or questions to support@suredividend.com. This is the 2nd quarter with the dividend at this rate after ADP increased their dividend by 10% beginning in early January 2014. To be included in the Dividend Achievers Index, a stock must be a member of the S&P 500 and meet certain size and liquidity requirements. ADP stock is … Margin expansion is expected between 100 bps to 125 bps and overall earnings per share growth of 12% to 14%. ADP provides services including payroll, benefits administration, and human resources management, to companies of all sizes. There are many other reasons why my filtering start with dividend companies, see my post on why I chose dividend investing. A valuation premium to the S&P 500. The Dividend Aristocrats Index is a list of 50 stocks that have consecutively increased their dividend payments for at least 25 years. Today, the company is one of the top cloud-based human capital management companies with 810,000 customers in 140 countries. A Dividend Aristocrat is a stock with 25 years or more of consecutive dividend increases and is part of the S&P 500. Its most recent increase was on November 8 th, 2016, when the company announced a solid 7.5% raise.. ADP is a member of the Dividend Aristocrats, a group of 51 stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. 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. This includes the following 7 new additions. This number of annual dividend increases makes ADP a Dividend Aristocrat. A Dividend Aristocrat is a company in the S&P 500 index that has paid increasing dividends for at least 25 years. In its Investor Presentation, the company gives a top line overview of its operations. The good news is that the company is growing at a high enough rate that it could help justify something close its current valuation. Automatic Data Processing (ADP) might not be a household name, but it should be for dividend growth investors. EBIT margin rose 60bps to 21.3% of revenue. Indeed, ADP’s moat keeps competitors at bay, and leads to high levels of profitability. ADP – Automatic Data Processing T – AT&T. ADP Stock is in red line versus the S&P 500 which is in blue. And, as the economy expands, companies are adding employees and increasingly use ADP’s services. However, a general market correction of 10% would present significant buying opportunities for long term investors. 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. This is about 20 basis points higher than the dividend yield paid by the S&P 500 index. Total revenue gained 6% to $3.5 billion while adjusted earnings before interest and taxes, or EBIT, increased 8% to $745 million. Automatic Data has raised its dividend 44 consecutive years, making it a dividend aristocrat and putting it on track to become a dividend king in 2025. 2020 - Total number of Aristocrats: 65. The Canadian Dividend Aristocrat list serves as a screen for further investigating a stock for a dividend growth portfolio. The company expects new business bookings to increase 6%-8% in the current fiscal year, in addition to a slightly higher customer retention rate. On the right side of the screenshot shows performance of ADP Stock versus the S&P 500. Automatic Data Processing, or ADP for short, has raised its dividend each year for 42 years in a row. 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. ADM has a laudable dividend growth streak as far as Dividend Aristocrats go, at 46 consecutive years. Click here to download your Dividend Aristocrats Excel Spreadsheet List now. This pattern is the most common among the Dividend Aristocrats. This helps insulate ADP from the effects of a recession. Based upon the forecast for earnings-per-share management provided, the payout ratio for this year should be right at 60%. ADP Is A Dividend Aristocrat. 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. Dividend Payout Ratio measures how much of a company’s free cash flow is paid out in the form of dividends. ADP enjoys tremendous scale that its competitors cannot match. Total revenue gained 6% to $3.5 billion while adjusted earnings before interest and taxes, or EBIT, increased 8% to $745 million. For 2020, we had seven additions and no deletions. Source: Investor Day Presentation, page 6. 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. The following section ranks our top 7 Dividend Aristocrats to buy today, based on expected annual returns through 2025. This ... Kimberly Clark Stock is a member of the prestigious S&P 500 Dividend Aristocrats index. Sorted by Market Cap High to Low. 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%. The company maintains a large list of customers, and holds a top position in the industry. This represents a compounded annual growth rate (CAGR) of 4.75%. In addition, ADP benefits from a recession-resistant business model. Trading on the New York Stock Exchange, ADP has a market capitalization of $76.24 billion and pays a 2% dividend yield. This week saw two Dividend Aristocrats declare regular quarterly dividends: Automatic Data Processing declared a quarterly dividend of 48 cents payable April 1st to shareholders of record on March 14th. ADP's most recent quarterly dividend payment was made to shareholders of record on Friday, January 1. Think of this as free money the company makes while paying its clients’ employees. The company recently reported fiscal 2020 first-quarter earnings, which was another terrific quarter. ADP's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! They are very popular amongst dividend investors as they have historically outperformed the S&P500 index and are less volatile than average. EBIT margin rose 60bps to 21.3% of revenue. Dividend payout ratio of 69% which leaves room for future dividend growth, smart acquisitions and share repurchases. Dividend Aristocrats paying in March, June, September, December. Free Cash Flow = Cash from Operations – Capital Expenditures, Dividend Payout Ratio = Total Dividends Paid / Free Cash Flow. Pillar #3: Global Solutions is expanding ADP’s operations globally and currently operats in 140 countries. ADP has produced strong growth in recent years and we expect that will continue. ADP Dividend History. In the 70 years since, ADP has grown into the leading payroll and human resource outsourcing company. Learn more about this quality dividend stock First, as the economy continues to grow at a modest rate, businesses are adding employees. ADP provides a screenshot of compounded annual growth rate (CAGR) for its revenues over the last 10 years. ADP has raised its dividend each year for 45 years in a row. 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. That's roughly a third of what its peers are priced at, and a 25% discount to CAH's own historical forward P/E. Trades at 29 times forward earnings while the S&P 500 trades at 18.5 times. Lets calculate the the dividend payout ratio for ADP Stock. DIV RATE YTD PRICE % 1Y PRICE % 5Y PRICE % 1 of 60. Its most recent increase came in November 2019, when the company implemented another very strong 15% raise. The copmany’s long-term earnings per share are shown in the image below: Source: Ycharts. There are some tailwinds working in the company’s favor including complexity of HR and legislation, fast growing job market and very low unemployment rate, gig economy with the likes of Uber, wage growth and higher competition for talent. Automatic Data Processing (ADP) belongs in the S&P 500 Dividend Aristocrats group. Each stock has increased its annual dividend 25 or more consecutive years. The index is equally weighted, and rebalanced every quarter. The index is equally weighted, and rebalanced every quarter. For the Dividend Aristocrats, they need to participate in the economy of the United States, but not be headquartered here. In the last decade, ADP has out performed S&P 500 by 79%. This list of stocks is officially tracked by the ratings company. The company has undergone a significant restructuring in recent years. Multiplied by the number of times a year the company pays its dividend. Both segments produced gains as Employer Services saw its top line increase 4% and PEO Services’ revenue rose 8%. There are 64 Dividend Aristocrats. During the great financial crisis of 2009, ADP slowed its dividend raises to low single digits. As a result, investors cannot rely on an expanding price-to-earnings ratio to fuel shareholder returns. Although ADP is a highly consistent dividend growth stock, its mid-single-digit expected total returns make the stock a hold. Here is a list of all dividend aristocrats in 2014. ADP’s earnings-per-share during the Great Recession are shown below: ADP increased earnings-per-share in 2008 and 2009, which is a rare accomplishment. ADP has been paying dividends since 1974, and has been increasing them annually since 1975. 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. To qualify for membership in the S&P 500 Dividend Aristocrats index, a stock must satisfy the following criteria: Although ADP’s stock has nearly doubled the market’s performance over the last decade, the company has plenty of room for continued growth. These are elite blue chip dividend paying stocks that have raised their cash dividends for at least 25 years, without missing a single payment. The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years in a row. Information Technology. In addition, the stock has a current dividend yield of 2.1%. 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. This includes the following 7 new additions. The payout for fiscal 2019 is $3.64 per share after the November 2019 increase. The number of employees on ADP clients’ payrolls continues to grow, and we believe this will continue for the foreseeable future. There are 64 Dividend Aristocrats. 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. ADP has one of the longest streaks of dividend increases in the stock market. Still, the recent rally in the stock has made ADP less attractive from a valuation perspective. 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