Motley Fool: A paycheck giant is drawing significant interest across the industry.
Automatic Data Processing (Nasdaq: ADP), also known as ADP, is a longtime dividend-paying stock – and it has increased its payout every year for more than 50 years. Its most recent increase was a solid 10% bump, and the stock recently yielded 2.8%. (It has also been rewarding shareholders via share buybacks.)
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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