ROSELAND, N.J. (AP) — Automatic Data Processing Inc. is raising its quarterly dividend by 10 percent to 43.5 cents per share from 39.5 cents per share.

The world's biggest payroll processor said Tuesday that the dividend will be paid on Jan. 1, 2013 to shareholders of record on Dec. 14.

ADP said that this is the 38th straight year that it has increased its dividend.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.