On 12 November, Automatic Data Processing (ADP) increased its dividend by 10.39%, from $1.54 to $1.70 per share.
The dividend is payable on 1 January 2026 to shareholders of record on 12
December 2025.
ADP's contribution to DivGro's projected annual dividend income will
increase by $62.40 to $576.
Source: Simply Safe Dividends
I own 80 shares of ADP at an average cost basis of $147.92 per share. Following this increase, my yield on cost
is 4.60%. (ADP's forward yield is 2.66% at $255.22 per share).
Since I opened my position in February 2020, the stock has delivered a total return of 90%, including $2,034.90 in dividends. That's a splendid annualized rate of
return of 12.8%!
ADP became DivGro's 53rd Home Run stock in October 2024 when the stock doubled my original capital
outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $3.66 | $3.83 | $4.37 | $5.15 | $5.74 | ⬆ | $6.32✝ |
| 11.59% | 4.64% | 14.10% | 17.85% | 11.46% | ⬇ | 10.10% |
| 5-year DGR: | 11.84% | ⬇ |
11.54% |
|||
✝projected, assuming no further changes
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