JNJ - Automatic Data Processing Has Growing Dividend Income For 45 Years And Beats The Market
Automatic Data Processing (ADP) is a buy for the total return and the dividend growth investor. 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 growing world economies and population. Automatic Data Processing has good cash flow, and the company uses some of the cash to expand its product line. The remainder of the cash is used to increase dividends each year, raising the stock price. Automatic Data