Amphenol Dividend Increase

Automatic Data Processing Dividend Increase


On 6 November, Automatic Data Processing (ADP) increased its quarterly dividend by 10%, from $1.40 to $1.54 per share.

The dividend will be paid on 1 January 2025 to shareholders of record on 13 December 2024. The ex-dividend date is 13 December 2024.

ADP’s contribution to DivGro’s projected annual dividend income will increase by $56 to $616.

I own 100 shares of ADP at an average cost basis of $154.10 per share. Following this increase, my yield on cost is 4.00%. (ADP’s forward yield is 2.02% at $304.85 per share). 

Since I opened my ADP position in February 2020, the stock has produced total returns of 111%, including $1,966.30 in dividend income. That’s an outstanding annualized rate of return of 18.8%!

ADP just became DivGro’s 53rd Home Run stock when it doubled my original capital outlay. 

5-Year History of Dividend Payouts by Ex-Date

2019 2020 2021 2022 2023 2024
$3.28 $3.66 $3.83 $4.37 $5.15 $5.60
17.14% 11.59% 4.64% 14.10% 17.85% 8.74%
5-year DGR: 12.96% 11.29%

projected, assuming no further changes



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