Obtained: 9/30/14, divested from ADP
Cost basis: $27.93
Current Portfolio Status: hold
Dividend Reinvestment: N
Dividends paid quarterly in Mar, Jun, Sep, Dec
Shares held on account at Motif
CDK Global, Inc. provides integrated information technology and digital marketing/advertising solutions to the automotive retail industry. Its solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, and repair and maintenance of vehicles. The company serves approximately 26,000 retail locations and automotive manufacturers in approximately 100 countries. CDK Global, Inc. is headquartered in Hoffman Estates, Illinois.
Reason for holding: attracted activists Sachem Head Capital Management and Elliott Management Corp. and Bloomberg reported Aug 12, 2015 that a possible sale was being explored.