Love Direct Deposit? You'll Love Automatic Data Processing

Treading SoftlyInvesting GroupFollow5ShareSavePlay(8min)CommentsSummaryAutomatic Data Processing is the world's largest human capital management software company, serving 1.1 million clients and paying over 42 million employees globally.ADP targets 6%–7% annual revenue growth and 9%–11% annual adjusted diluted EPS growth, underpinned by global expansion, platform enhancements, and efficiency investments.Trading at a forward P/E of 22.6 versus a 10-year average of 28.6, ADP offers a 21% discount to fair value and a potential 31% upside by 2026.ADP’s 2.7% yield, 11.5% five-year dividend CAGR, and fortress balance sheet support its Dividend King status, though cyber and competitive risks remain.Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More » Supatman/iStock via Getty Images Co-authored by Kody's Dividends How often do you get paid? For most, they get paid every two weeks. However, some of us get paid on a monthly basis or even a weekly basis. Some companies offer you the option to cash out at theThis article was written byTreading Softly3.99K FollowersFollowScott Kaufman, aka Treading Softly, learned about investing firsthand from over a decade of financial sector experience. He is the lead analyst for Dividend Kings providing actionable insight into high quality dividend growing and undervalued opportunities. His focus is to see a bountiful harvest of cash dividends and strong capital gains, providing a robust total return.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Kody is long ADP Kody's Dividends, Justin Law, and Rachel Kaufman are part of the Dividend Kings teamSeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.