ADP - Automatic Data Processing: Great Total Return But Is It Too Pricey Right Now?
This article is about Automatic Data Processing (ADP) and why it's a buy for the total return investor who also wants some solid, increasing dividend income. Automatic Data Processing 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 rising interest rates.
Automatic Data Processing is 6.19% of The Good Business Portfolio, a full position. The company has steady growth and has cash it uses to increase the dividends each year. As