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ADP - Automatic Data Processing: Buy Dividend Aristocrat With Strong Product Improvement
Automatic Data Processing Inc.
Automatic Data Processing (ADP) is a "Buy" for the total return and the dividend growth investor. It is one of the largest human resources products and services companies in the world. ADP is a conservative investment for the income investor who also wants good growth potential with the growing world economies and population.
Automatic Data Processing is 6.64% of The Good Business Portfolio, a full position. The company has steady growth and has the cash it uses to increase the dividends each year. As the interest rates decrease, the earnings of ADP are