Dispensing applicator

FIG. 1 is a perspective view of the ornamental design for the dispensing applicator;

FIG. 2 is a side view of the ornamental design for the dispensing applicator;

FIG. 3 is a front view of the ornamental design for the dispensing applicator; and,

FIG. 4 is a rear view of the ornamental design for the dispensing applicator.

The ornamental design for dispensing applicator, substantially as shown and described.

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