Automatic Data Processing Increases Cash Dividend 24%; Marks 32nd Consecutive Year of Dividend Increases.

ROSELAND, N.J. -- The board of directors of Automatic Data Processing Same as data processing. , Inc.(NYSE NYSE

See: New York Stock Exchange : ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. ) approved a 24% increase in the cash dividend to an annual rate of 92 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , Gary C. Butler, president and chief executive officer, announced today.

This increased dividend will be distributed on January 1, 2007 to shareholders of record December 8, 2006.

The new quarterly dividend of 23 cents per share compares with the previous quarterly dividend rate of 18.5 cents per share. The increased cash dividend marks the 32nd consecutive year in which the company has raised its dividend.

ADP, with nearly $9 billion in revenues and more than 570,000 clients worldwide, is one of the largest providers of a broad range of premier, mission-critical, cost-effective transaction processing and information-based business solutions.

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Publication:	Business Wire
Date:	Nov 14, 2006
Words:	131
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Topics:	Computer services industry Securities Data processing Dividends Electronic data processing Information technology services industry Securities

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