ADP Dividend Calculator
Calculate how much dividend income Automatic Data Processing, Inc. (ADP) could generate with reinvestment. Pre-loaded with ADP's current 2.60% yield and 10.5% dividend growth rate.
Dividend Yield: 2.60%
Annual Dividend: $6.64 per share
Share Price: $255.26
Payout Ratio: 59.1%
ADP DRIP Calculator
Model ADP dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 10.5% per year
Frequently Asked Questions
- What is ADP's current dividend yield?
- ADP (Automatic Data Processing, Inc.) currently has a dividend yield of 2.60%. This means for every $10,000 invested, you would receive approximately $260 per year in dividend income before taxes.
- How much ADP do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from ADP at its current yield of 2.60%, you would need approximately $461,538 invested. With dividend reinvestment and growth, you may need less over time.
- Does ADP pay monthly dividends?
- No, ADP pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is ADP's dividend safe?
- ADP's payout ratio is 59.1%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is ADP's dividend growth rate?
- ADP's 5-year dividend compound annual growth rate (CAGR) is approximately 10.5% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the ADP dividend page.