Johnson & Johnson (JNJ)
Current Dividend Yield: 2.9%
If you love stable dividend stocks, Johnson & Johnson (NYSE:JNJ) is one of the best dividend stocks to buy. It is the powerhouse brand of powerhouse brands. Better yet, JNJ is levered toward the ultimate in non-cyclical industries: healthcare. Selling consumer-level products, pharmaceuticals, and medical devices, JNJ is one of the most respected companies in the world.
Currently, Johnson & Johnson’s dividend yield is 2.9%. But what people may not immediately appreciate is that JNJ can also surprise people in the capital markets. For instance, since mid-2015, shares are up nearly 40%.
Critically for conservative investors, JNJ rarely loses. Between 1970 to the end of 2018, annual returns average almost 15%. Moreover, JNJ only hit red ink 14 times, meaning that 72% of the time, you can expect shares to win.
In our business, that’s as close to a sure thing as you’re gonna get!
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