Automatic Data Processing Aktie News

Dividend growth stocks are an excellent choice for long-term investors. Mostly, this is due to their potential to generate above-average total returns over a multi-year time frame.

Automatic Data Processing benefits from high switching costs and a commitment to innovation, creating a strong competitive advantage. ADP's valuation suggests a potential 10% increase in share price and a Buy recommendation. ADP reported strong Q2 2024 financial results, beating on EPS and revenues.

The allure of growth stocks that exhibit the potential to surge 50% or more by year's end captivates many. These companies are often industry veterans driven by rapid revenue growth, profits and innovation.

ROSELAND, N.J. , April 3, 2024 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.40 per share payable July 1, 2024 to shareholders of record on June 14, 2024.

In today's market, investors increasingly seek assets offering a balance between growth potential and income generation. Dividend stocks targeting upside can be a compelling option, providing investors with a steady stream of income while offering the potential for capital appreciation.

ROSELAND, N.J. , April 1, 2024  /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the third fiscal quarter ending March 31, 2024 before the opening of the Nasdaq on Wednesday, May 1, 2024.

The market caps of the Magnificent Seven (Microsoft, Nvidia, Apple, Alphabet, Amazon, Tesla, Meta) have surpassed the stock market of some of the world's largest countries. The Mag 7 are great companies, but yield just 0.2%. Dividend growth stocks, including many of the Mag 7, are historically the best wealth and income growers.

Automatic Data Processing is the largest provider of payroll and human capital management services, operating in a $150 billion market. The company has a highly diversified business model with three segments: Employer Services, Professional Employer Organization, and Interests on Funds. ADP enjoys competitive advantages such as strong switching costs, pricing power, and a solid brand image, mak...