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April 14, 2014
11:47 EDTADPADP, Enterprise Products expand relationship
Air Products announced a long-term agreement with Enterprise Products Operating, a wholly-owned subsidiary of Enterprise Products Partners, that will increase hydrogen supply for refinery and petrochemical customers connected to Air Products' Gulf Coast Connection Pipeline system. Air Products will build, own, and operate a 40M standard cubic feet per day hydrogen production facility to process a hydrogen-rich off-gas stream from a new propane dehydrogenation facility Enterprise is currently constructing in Mont Belvieu, Texas. The new PDH plant is scheduled to begin service in 3Q15.
News For ADP From The Last 14 Days
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November 21, 2014
06:37 EDTADPADP initiated with a Sell at Topeka
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November 13, 2014
08:04 EDTADPADP expanding office in Barcelona
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November 12, 2014
09:14 EDTADPADP to hold a webcast on the Affordable Care Act
Management hosts a webcast entitled, "What Small Businesses Need to Know About the Affordable Care Act (ACA): Actions You May Need to Take Before Year End" is being held on November 12 at 3 pm. Webcast Link
November 11, 2014
12:33 EDTADPADP raises quarterly dividend 1c to 49c per share
The board of directors of Automatic Data Processing approved a 1c increase in the quarterly cash dividend to an annual rate of $1.96 per share, Carlos Rodriguez, president and CEO announced. The increased cash dividend marks the 40th consecutive year in which ADP has raised its quarterly dividend. The new quarterly dividend rate of 49c per share compares with the previous quarterly dividend rate of 48c per share. This increased quarterly dividend will be distributed on January 1, 2015 to shareholders of record at December 12, 2014. "ADP remains committed to returning excess cash to its shareholders, and four decades of increased dividends is a gratifying milestone," said Rodriguez. "Along with providing client-focused, innovative HCM services and a fulfilling workplace for our associates, ADP remains committed to its shareholder friendly actions, and I am pleased that we have continued our history of dividend increases despite the recent spin-off of CDK Global."

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