Automatic Data Processing Inc. (ADP)
More All-Time Closing Highs on Big Day for Data
We had a busy morning with economic data today, not only with the lower-than-expected private-sector payroll data from ADP (ADP) ahead of the open, but monthly Services PMI and Factory Orders, as well. We even saw a new Beige Book this afternoon.
ADP +146K: Lighter than Expected
Manufacturing shed -26K positions in November, another hard reality for an already struggling sector of the economy.
Gold prices continue to consolidate as ADP says 146K jobs created in November
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Markets Await More Economic Data
Pre-market futures are flat as a pancake at this hour, with none of the major indexes either up or down 0.1% currently. We're still a day away from early morning jobs data, which starts tomorrow with private-sector payrolls for November from Automatic Data Processing ( ADP ).
Wall Street Awaits Jobs Data
It's the final Jobs Week of 2024 this week, and as such holds particular importance for the Fed, who will decide on forward monetary policy based partly on the health of the U.S. labor market. Last month, we saw a huge gap between private-sector payrolls from ADP ( ADP ) coming in at +233K new jobs filled, and the U.S. government's Employment Situation report only brought in +12K positions.
Why Is ADP (ADP) Up 6.1% Since Last Earnings Report?
ADP (ADP) reported earnings 30 days ago. What's next for the stock?
Automatic Data Processing: Buy This Dividend King Near All-Time Highs?
ADP is a global leader in HCM solutions with a sticky business model, making it a relatively stable investment option. Recent performance showed robust revenue and EPS growth, driven by client acquisitions, high retention rates, and favorable interest income on client funds. ADP's 50-year dividend growth streak and modest but consistent share repurchase program offer additional value for long-term investors.
Automatic Data Processing: A Powerful New Dividend King Is Born
Automatic Data Processing's 10% dividend hike earlier this month made it the newest addition to the vaunted Dividend Kings. The company's revenue and adjusted diluted EPS exceeded analysts' expectations for its fiscal Q1. ADP's balance sheet is a financial fortress.
These Unstoppable Dividend Stocks Treat Their Investors Like Royalty
These companies have delivered 50 or more years of dividend increases.
Want Reliable Income? These 5 Stocks Have Raised Their Dividend Over the Last 4 Recessions.
A study by Harford Funds shows that companies that raise their dividends outperform those that don't, with significantly less volatility.
3 Dividend Stocks That Could Raise Their Payouts in November
These dividend stocks can be excellent options for buy-and-hold investors.
Automatic Data Processing Q1 Earnings & Revenues Beat Estimates
ADP's first-quarter fiscal 2025 top line benefits from improved segmental performances.
