Cryptocurrency Q&A Is ADP a good dividend stock?

Is ADP a good dividend stock?

GeishaMelody GeishaMelody Sun Sep 01 2024 | 5 answers 833
Could you please elaborate on why you're considering ADP as a potential dividend stock? What specific factors have led you to inquire about its dividend performance? Do you have any prior experience investing in dividend-paying companies, and if so, what criteria do you typically use to evaluate them? Additionally, are you aware of ADP's current dividend yield, dividend growth history, and the company's overall financial health? Understanding these details could help us determine whether ADP is indeed a suitable dividend stock for your investment portfolio. Is ADP a good dividend stock?

5 answers

Giulia Giulia Tue Sep 03 2024
Even on a longer-term basis, spanning 120 months, ADP's dividend yield averages 11.23%, highlighting the company's ability to maintain a consistent dividend policy despite market fluctuations. This underscores the trust investors have placed in ADP's long-term prospects.

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Silvia Silvia Tue Sep 03 2024
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CherryBlossomFall CherryBlossomFall Tue Sep 03 2024
The dividend payments per share offered by ADP have consistently demonstrated strong performance over various time frames. In the past 12 months, the average dividend yield has been an impressive 13.78%, showcasing the company's commitment to rewarding shareholders.

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EchoPulse EchoPulse Tue Sep 03 2024
Expanding the timeframe to 36 months, the dividend yield remains robust at 13.78%, indicating a sustained trend of generous returns for investors. This stability underscores ADP's financial health and profitability.

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ShintoBlessing ShintoBlessing Tue Sep 03 2024
Looking further back, over the past 60 months, the dividend yield averages out to 12.24%, demonstrating a slight but noticeable decrease compared to the shorter-term periods. Nonetheless, it still represents a significant return for shareholders.

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