Automatic Data Processing Stock: A Deep Value Dividend King To Buy Now (NASDAQ:ADP)

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Automatic Data Processing (ADP) is highlighted as a dividend king with consistent earnings and a strong balance sheet. The stock is currently trading at a 25% discount to its fair value estimate, offering a path to over 15% annual total returns through FY 2031. The article suggests ADP is a deep value opportunity for dividend growth investors, despite the common perception that Dividend Kings are slow-growth companies.

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