Company: Automatic Data Processing Inc. (ADP)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 1 million clients primarily in the United States. ADP’s employer services segment offers payroll, human capital management solutions, human resources outsourcing, insurance and retirement services. The smaller but faster-growing professional employer organization segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model. -Morningstar.com-
Symbol: ADP
Recent Price: $261.58
Dividends: $5.60
Yield: 2.14%
Sector: Industrials
Industry: Staffing & Employment Services
Address & Company Phone #: One ADP Boulevard Roseland NJ 07068, 973-974-5000
Transfer Agent: Equiniti Group plc. 888-414-6896
Moody’s Rating: Aa3
Minimum & Maximum Investment: $50 – $100,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: $0(<100sh); 5% of amount invested up (to $5 Max)(>100sh.) Cash: $5+6¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $256.84, $205.53