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April 2011

12 Stocks to Get Dividends Every Month

April: Automatic Data Processing (ADP)

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Price (as of March 15): $49
Annual dividend: $1.44
Yield: 2.9%
Also pays in: January, July and October

Because the economy is expanding and the employment picture appears to be improving, this is a good time to invite ADP to send you a check every three months. The company's yield won't knock your socks off, but its dividends are ironclad -- the company holds $1.4 billion in cash and owes minimal debt. And ADP boosts its dividends like clockwork -- 36 years in a row, to be precise. A modest rise in short-term interest rates will benefit ADP, which invests the payroll money it holds before transferring it to its clients' workers.