Automatic Data Processing
Automatic Data Processing (ADP), together with its subsidiaries, provides technology-based outsourcing solutions to employers and vehicle retailers and manufacturers worldwide. This dividend champion has rewarded shareholders with a dividend increase for 39 years in a row.
Over the past decade, earnings per share have increased by 4.90% per year, while dividends were raised by 13.70% per year.
Currently, the stock is trading at 26.10 times earnings and yields a very sustainable 2.50%. I have built my position in the company between 2008 and 2012. Check my analysis of ADP for more information.