Daily Dividend Insights
Summary
When selecting dividend stocks, prioritize sustainability over high yields. The Best Dividend Stocks screen highlights companies like Automatic Data Processing (ADP), which boasts a 3.09% yield, significantly above industry and S&P averages. With a solid ChartMill Dividend Rating of 7/10, ADP has increased its dividend for over a decade at an annual growth rate of 11.62%. Monitor its payout ratio of 59.12% to ensure ongoing reliability.
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