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ADP Raises Quarterly Dividend 12% to $1.90 Per Share, Up From $1.70
The new quarterly rate is 20 cents above the previous $1.70 per share.

Automatic Data Processing (ADP) raised its regular quarterly cash dividend by 12%, setting the payout at $1.90 per share, up from $1.70.
ADP announced the increase Nov. 11. The 20-cent increase works out to about 11.8% of the previous rate, rounded to 12%.