Automatic Data Processing And 2 Other Reliable Dividend Stocks To Consider

In the last week, the United States market has stayed flat, but it is up 24% over the past year with earnings forecast to grow by 19% annually. In such a dynamic environment, reliable dividend stocks like Automatic Data Processing and others can offer stability and consistent income for investors seeking dependable returns.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 95 stocks from our Top US Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Automatic Data Processing (ADP)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Automatic Data Processing, Inc. offers cloud-based human capital management solutions globally and has a market capitalization of approximately $90.42 billion.

Operations: Automatic Data Processing, Inc. generates revenue through its Employer Services segment, which accounts for $14.60 billion, and its Professional Employer Organization (PEO) Services segment, contributing $7.01 billion.

Dividend Yield: 3%

Automatic Data Processing (ADP) offers a stable dividend profile with a payout ratio of 60.3%, ensuring dividends are well-covered by earnings and cash flows. Despite a lower yield of 3.01% compared to top-tier payers, ADP's dividend has grown consistently over the past decade. Recent financials show strong performance, with net income and revenue increases in Q3 2026. The company also completed significant share buybacks totaling $4.15 billion, enhancing shareholder value further.

• Dive into the specifics of Automatic Data Processing here with our thorough dividend report.
• Our comprehensive valuation report raises the possibility that Automatic Data Processing is priced lower than what may be justified by its financials.

Millrose Properties (MRP)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Millrose Properties, Inc. is a leading platform for residential homebuilders, with a market capitalization of $4.84 billion.

Operations: Millrose Properties, Inc. generates revenue through its REIT - Commercial segment, amounting to $712.69 million.

Dividend Yield: 10.4%

Millrose Properties' dividend payments are well-covered by cash flows, with a low cash payout ratio of 13.4%, despite a high earnings payout ratio of 91.4%. The company recently became profitable and offers a competitive dividend yield of 10.44%, placing it in the top 25% among U.S. payers. Recent financial results show substantial revenue growth to US$194.93 million in Q1 2026, alongside increased net income, enhancing its appeal as a dividend stock option.

• Get an in-depth perspective on Millrose Properties' performance by reading our dividend report here.
• Our valuation report unveils the possibility Millrose Properties' shares may be trading at a discount.

Progressive (PGR)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: The Progressive Corporation operates as an insurance company in the United States with a market cap of approximately $118.68 billion.

Operations: Progressive's revenue is primarily derived from its Personal Lines including Property at $73.54 billion and Commercial Lines at $10.88 billion.

Dividend Yield: 6.8%

Progressive's dividend yield of 6.84% ranks in the top 25% among U.S. dividend payers, supported by a low payout ratio of 2%, indicating strong earnings coverage. Despite a volatile dividend history, recent affirmations include a quarterly payment of US$0.10 per share due July 2026. The company reported increased Q1 revenue and net income, with earnings per share rising to US$4.81 from US$4.38 year-over-year, reinforcing its financial stability amidst executive transitions.

• Click here and access our complete dividend analysis report to understand the dynamics of Progressive.
• The analysis detailed in our Progressive valuation report hints at an deflated share price compared to its estimated value.

Key Takeaways

• Explore the 95 names from our Top US Dividend Stocks screener here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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