Automatic Data Processing, Inc.

ADP
TechnologyDividend King
$280.81
1.78%Overvalued

Automatic Data Processing, Inc. (ADP) is a Technology company that currently yields 1.78% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $188.89 and the overvaluation threshold at $284.60. Automatic Data Processing, Inc. holds a quality score of 37/100 (Risky), reflecting 51 consecutive years of dividend growth with a 61% payout ratio. The 5-year dividend CAGR stands at 6.0%.

ADP Dividend Yield History — Weiss Valuation

Underval. $188.89Overval. $284.60

Distance to undervalued

Entry price is stretched

Needs 32.7% downside to reach the Weiss buy zone

Undervaluation starts near $188.89, where the annual dividend would imply roughly 2.65% yield. That is 0.87% above today's yield.

Buy-zone price

$188.89

Target yield

2.65%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

51Y

Long dividend history supports a deeper look.

Earnings payout

61%

Earnings coverage leaves room for noise.

Cash payout

52%

Free cash flow coverage supports the payment.

Dividend growth

6.0%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Automatic Data Processing, Inc. is trading near its historical overvaluation band.

Current yield 1.8% vs historical max 3.6% (49% of maximum).

Recent dividend history shows no sustained growth streak.

Reasonable payout ratio of 61%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 37/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

ADP Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$189

Year 10 Income

$395

Yield on Cost

4.08%

Total Income

$2,785

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

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Moat rating & analyst fair value

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ADP Dividend Quality Score

Quality Score

37/ 100

Risky

Payout Ratio12/25
Dividend Streak0/25
Growth (CAGR 5Y)15/20
Yield vs History0/15
FCF Coverage10/15

Key Metrics

Current Price$280.81
Annual Dividend$5.00
Current Yield1.78%
Yield — Max (10Y)3.62%
Yield — Min (10Y)1.83%
Undervalued Below$188.89
Overvalued Above$284.60
Payout Ratio60.69%
CAGR Dividend 5Y6.0%
CAGR Dividend 10Y9.1%
Years No Cut

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51
consecutive years of dividend growth