My two children's college education is paid for with investment profits from Google, Apple, and ADP. I still have over 1000 shares of ADP stocks, and I will continue to hold them as long as the business fundamentals of ADP stay the course. It has been a lovely ride. Thank you so much Carols.
J
$65 to $145 in 5 years, looks like 123% over 5 years so about 25% per year plus 2-3% dividends...nice return, take it all day long.
C
So, essentially, like they said last quarter, they wont fire anyone because its bad long term to do so, and thus they dont have too much variable cost that they can cut.
d
Lower short term rates should also negatively impact ADP earnings going forward. They won't make any float on client funds.
J
Beat top and bottom number yet down $16 and some change...what did Carlos say or not say?
Anyone?
j
Still waiting on my next stock split. I am surprised that the company has allowed this share price to go up so much without another split although I realize that they have to be conscious of the number of shares out on the market being traded. But they can resolve that by doing more by backs as well.
T
11 Apr 2018: "This dividend increase of 10% represents a return to shareholders of a portion of the benefits from the Tax Cuts and Jobs Act" AND "The Board of Directors anticipates consideration of another dividend increase in November 2018 consistent with ADP’s historical pattern"
I love my dividend growth companies.
S
Bought some at $198.90
V
I bought this stock a loong time ago and so glad I did - since it has done nothing but make money for me over the years. For me it has been the well that never runs dry! I benefited from two splits and if it ever splits again - well, let's just say that would be a very good thing for me and for everyone else who holds this stock, especially those in the company's stock purchase plan.
C
Will buy in the am . This is a gift
j
what is causing the slide?
T
I was happy with the dividend increase article and missed the $5 billion buyback program. 6.66% of current market capitalization.
Anyone?
I love my dividend growth companies.
https://finance.yahoo.com/news/adp-authorized-purchase-5-billion-222000539.html
https://www.google.com/amp/s/rivertonroll.com/news/2020/01/17/merit-financial-group-llc-purchases-shares-of-3494-automatic-data-processing-nasdaqadp.html/amp