Automatic Data Processing Stock To Go Ex-dividend Tomorrow (ADP)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Automatic Data Processing (Nasdaq: ADP) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $68.17 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Automatic Data Processing has been 1.8 million shares per day over the past 30 days. Automatic Data Processing has a market cap of $33.44 billion and is part of the technology sector and computer software & services industry. Shares are up 21% year to date as of the close of trading on Monday.

Automatic Data Processing, Inc. and its subsidiaries provide business outsourcing solutions. The company operates in three segments: Employer Services, Professional Employer Organization (PEO) Services, and Dealer Services. The company has a P/E ratio of 24, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Automatic Data Processing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Automatic Data Processing Ratings Report.

See our dividend calendar or top-yielding stocks list.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

ADP Shares Subdued After Bill Ackman Interview -- but That Will Change

ADP Is Morphing Into the IBM Blob: Bill Ackman

Here's How Bill Ackman Is Trying to Appeal to Big Investors In ADP Battle

Activism Spotlight: Ackman Could Challenge ADP as Battle Heats Up

One of the Most Recognized Hedge Fund Managers Has Had a Terrible Year