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Automatic Data Processing (ADP) approved a $0.01 increase in the quarterly cash dividend to an annual rate of $1.96 per share, Carlos Rodriguez, president and chief executive officer, announced. The new quarterly dividend rate of $0.49 per share compares with the previous quarterly dividend rate of $0.48 per share. This increased quarterly dividend will be distributed on January 1, 2015 to shareholders of record at December 12, 2014.
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