Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for March 06, 2013


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Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on March 06, 2013. A cash dividend payment of $0.435 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased ADP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.13% increase over the same period a year ago.

The previous trading day's last sale of ADP was $61.65, representing a -0.29% decrease from the 52 week high of $61.83 and a 21.14% increase over the 52 week low of $50.89.

ADP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Yahoo! Inc. ( YHOO ). ADP's current earnings per share, an indicator of a company's profitability, is $2.88. Zacks Investment Research reports ADP's forecasted earnings growth in 2013 as 6%, compared to an industry average of 5.4%.

For more information on the declaration, record and payment dates, visit the ADP Dividend History page.

Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]?
The following ETF(s) have ADP as a top-10 holding:

  • PowerShares Value Line Industry Rotation Portfolio (PYH)
  • iShares MSCI USA Minimum Volatility Index Fund ( USMV )
  • iShares MSCI All Country World Minimum Volatility Index Fund ( ACWV )
  • PowerShares Fundamental Pure Large Core Portfolio ( PXLC )
  • QuantShares U.S. Market Neutral Anti Beta Fund ETF ( BTAL ).

The top-performing ETF of this group is PYH with an increase of 8.93% over the last 100 days. It also has the highest percent weighting of ADP at 2.33%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks

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