Automatic Data Processing (ADP) has cemented its status as a Dividend King by raising its per-share payout for 51 consecutive years. The company processes payroll and tax reporting for over 1 million corporate customers—paying one out of every six U.S. workers—and is expected to generate $21.8 billion in revenue this fiscal year, a 5.8% increase from the prior period. With a consistent net income margin ranging between 20% and 25%, ADP’s business model of charging clients a percentage of payroll processed ensures robust cash flow to sustain and grow its dividend. New investors benefit from a forward-looking dividend yield of approximately 2.6%, underpinned by inflation-driven wage growth and expanding workforce headcount across its client base.

On January 21, 2026, ADP was named one of Fortune magazine’s “World’s Most Admired Companies” for the 20th straight year. The annual Fortune–Korn Ferry survey evaluates some 1,500 companies on criteria including product and service quality, global business effectiveness, innovation, and social responsibility. Maria Black, ADP’s president and CEO, highlighted the company’s focus on harmonizing AI with human creativity to solve workplace challenges. Founded over 75 years ago and serving more than 1.1 million clients across 140+ countries, ADP has expanded its solution suite from payroll to encompass HR, talent management, benefits and compliance. The company was also recently recognized in The Wall Street Journal’s Management Top 250 for its leadership and strategic execution.