Seven Dividend Stocks With Great Balance Sheets

One of the things I really focus on when looking for a suitable investment is a great balance sheet. I want to own a company with plenty of cash and little debt. Sometimes I’m willing to make exceptions for unusually durable businesses, but overall, I try to keep my portfolio filled with companies that boast better-than-average financial strength. These are not necessarily recommendations, and a closer look is of course required, but here are seven companies that might be appealing to investors looking for a high-quality financial situation: Automatic Data Processing (ADP) Automatic Data Processing is one of the world’s largest outsourcing companies. ADP deals with human resource needs, benefits, payroll, and computing processes for many companies around the world. They prepare employee payroll checks, direct deposits, and tax reports. They capture, calculate, and record employee time and attendance. They perform hiring services. They provide record-keeping and administrative services for retirement plans. Basically, if it’s an uninteresting part of a business, ADP can help with it.... Read more