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The Motley Fool
• Eric Volkman
These 2 Under-the-Radar Dividend Kings Just Declared Dividend Raises
Automatic Data Processing (ADP) and Marzetti (MZTI) have both announced dividend increases, continuing their long-standing tradition of annual dividend raises. ADP raised its quarterly dividend by 10% to $1.70, while Marzetti increased its quarterly dividend by 5% to $1 per share.
ADP
MZTI
dividend kings
dividend raises
income investing
payroll services
food products
Sentiment note
Balanced business segments with nearly 6% net sales growth, 8% food service segment growth, and a consistent dividend increase strategy