Key Developments For Automatic Data Processing, Inc.
Automatic Data Processing, Inc. (ADP.O) (Nasdaq)
Automatic Data Processing, Inc. Purchases HRinterax, Inc.
Automatic Data Processing, Inc. announced the purchase of HRinterax, Inc., an HR content and support services company focused on the small business market. The Company's acquisition of HRinterax closed on October 30, 2009. Financial terms of the deal were not disclosed.
Automatic Data Processing, Inc. Increases Cash Dividend 3%
The Board of Directors of Automatic Data Processing, Inc. approved a 3% increase in the cash dividend to an annual rate of $1.36 per share. The new quarterly dividend of $0.34 per share compares with the previous quarterly dividend rate of $0.33 per share. This increased quarterly dividend will be distributed on January 1, 2010, to shareholders of record at December 11, 2009.
Automatic Data Processing, Inc. Lowers High End Of Prior FY 2009 Revenue Guidance In Line With Analysts Estimate; Raises Low End Of Prior FY 2009 EPS Guidance To A Range In Line With Analysts Estimate
Automatic Data Processing, Inc. updated its fiscal 2010 guidance for total revenues and earnings per share (EPS). The Company expects total revenue to decline from 1% to 2% and diluted earnings per share to be in the range of $2.34-$2.39. The Company reported revenues of $8.9 billion for fiscal 2009. According to Reuters Estimates, analysts are expecting the Company to report EPS of $2.35 on revenues of $8.7 billion for fiscal 2009.
Automatic Data Processing, Inc. Delivers Integrated Workforce Management Solution
Automatic Data Processing, Inc. announced the launch of ADP Workforce Now. This new offering delivers a single-source, integrated experience for mid-market companies including a robust HR, benefits administration, payroll and time and attendance solution.
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend
Automatic Data Processing, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $0.33 per share payable on October 1, 2009 to shareholders of record on September 11, 2009.
