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5 World-Class Dividend Stocks to Buy In the Next Bear Market

These dividend champions are worth waiting for better entry prices

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Automatic Data Processing

ADPAutomatic 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.

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