The Wrong Way to Use AI for Recruiting

In our recent piece on The Impact of No Brokerage Fees on Retail Investors, we talked about how zero-fee stock trading along with fractional share ownership means that there is no excuse not to engage in best practices like dollar cost averaging and diversification. We also talked about how our own preferred strategy of dividend growth investing (DGI) results in income streams that grow every single year, outpacing inflation, and resulting in a better quality of life as we age.

One of the thirty companies in our DGI portfolio is Automatic Data Processing (ADP), more commonly known as ADP, a $74 billion provider of human capital management software and solutions. ADP has quite the track record when it comes to increasing their dividend, having done so for 45 years in a row.

Just last month, ADP announced a 15% dividend increase for investors along with a decision to repurchase $5 billion in stock (this increases earnings-per-share which means there’s more room for dividend growth in the future, all things being equal).

Like most companies today, A