Business Magazine

Automatic Data Processing - ADP

Posted on the 22 November 2011 by Divstkforcomman @DivStkForComMan
Do you know that only four companies in the United States have an AAA credit rating? Automatic Data Processing, Inc. is one of them. NASDAQ stock ticker ADP is in the business of outsourcing solutions. They offer human resource, payroll, tax and benefits administration solutions from a single source. With about $10 billion in revenues and approximately 570,000 clients, ADP is one of the world's largest providers of business outsourcing solutions. By leveraging over 60 years of experience, ADP's easy to use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. ADP's company’s segments include Employer Services, Professional Employer Organization Services and Dealer Services. Here is a listing of their most recent acquisitions:
June 2010 - DO2 Technologies Inc., OneClick HR plc and Workscape, Inc.
August 2010 - Cobalt and Workscape, Inc.
March 2011 - AdvancedMD
October 2011 - WALLACE - The Training Tax Credit Company 
As you can see, ADP is acquiring businesses in key core segments and has an unlimited international growth potential.
ADP pays their shareholders 40 cents per share on a quarterly basis, which is a healthy 3.24% dividend yield. A guaranteed return on your hard earned invested dollars! ADP has paid a dividend since September 14th, 1987. ADP's market cap is 23.83 billion dollars. Their shares are 76% institutionally owed, which makes this a solid buy. As bonds plummet any dividend stock with a solid payout history with a currently yield over 2% sounds great to me! Go ahead and ask your friends and relatives for their pay stub. You will find something in common... they are all prepared by ADP (or Paychex). ADP looks to be a steady sort of stock that will fit well into most Roth IRA portfolios. Their increasing dividends help during downmarket times, and as employment increases in coming years it will help ADP's bottom line. Don't expect any massive sudden appreciation in stock price with this one, but it's a great choice for a long-term investment.
Please visit ADP's website, here, and their Investor Relations website, here, to learn more about this excellent dividend paying stock. Also, if you want a quick corporate overview of ADP, click here. Check out the videos below too. Go ahead and invest in ADP and you'll sleep good tonight. Until next time, reinvest those dividends! Have a great remainder of the week. Happy Thanksgiving!

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