Nice Summary of ADP
Dividend Growth Investor has a nice summary of ADP with four graphs summarizing historical earnings per share, returns on equity, dividend growth, and dividend payout ratios.
The author concludes:
I view ADP as more attractively valued. I would be looking forward to adding to my position in Automatic Data Processing (ADP) on dips.
ADP is a solid company that is maintaining their earnings even in this employment downturn. I agree that it is a great long-term hold, especially for dividend growth.
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