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ADP Acquires Pequity to Enhance Compensation Management Capabilities
Yahoo Finance· 2025-10-30 02:15
Core Insights - Automatic Data Processing, Inc. (ADP) is recognized as one of the 13 most undervalued dividend stocks according to Wall Street analysts [1] - ADP has acquired Pequity, a compensation management software firm, to enhance its capabilities in compensation management [3] Group 1: Acquisition Details - On October 29, ADP announced the acquisition of Pequity, which was established in 2019, aimed at improving tools for complex compensation planning for mid-sized, enterprise, and multinational clients [3] - Sreeni Kutam, president of Global Product and Innovation at ADP, emphasized the need for flexible compensation solutions due to changing pay transparency laws and the dynamic talent market [3] Group 2: Financial Performance - ADP has a strong track record of consistent dividend growth, having increased its payouts for 50 consecutive years [3] - The company currently offers a quarterly dividend of $1.54 per share, resulting in a dividend yield of 2.36% as of October 29 [3]
ADP Acquires Pequity
Prnewswire· 2025-10-29 12:00
Accessibility StatementSkip Navigation Transaction will expand global compensation management offering to address the needs of the dynamic talent market ROSELAND, N.J., Oct. 29, 2025 /PRNewswire/ -- ADP® (Nasdaq: ADP), a global leader in HR and payroll solutions, today announced that it has acquired Pequity, an innovative compensation management software provider founded in 2019. This acquisition will broaden the tools ADP offers to support the complex compensation planning needs of its mid-size, enterpri ...