Automatic Data Processing: One Of My Favorite Dividend Growth Stocks
ADPADP(ADP) Seeking Alpha·2024-08-01 19:30

A woman working with human resources software on a computer. grinvalds Here on Seeking Alpha, I have highlighted time and again that dividend growers and initiators tend to perform well over the long haul. The most recent data from Hartford Funds backs up this claim. A $100 investment in the S&P 500's (SP500) dividend growers and initiators in 1973 would have been valued at more than $14,000 to conclude 2023. That's triple the $4,400 the same investment amount invested in an equal-weighted S&P 500 index w ...