Forget the labor market noise: This essential business utility stock is the ultimate set-it-and-forget-it cash cow

MSN
2026.06.13 15:59
portai
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ADP reported strong Q3 FY26 results, including a record 92.1% client retention rate and 7% growth in Employer Services. Segment margins expanded by 130 basis points. The company generates $1.34 billion annually from interest on $48 billion in temporary payroll float. Additionally, ADP boasts over 50 consecutive years of dividend increases.