Johnson & Johnson’s Consistent Dividend Growth: A Safe Bet Amid Market Uncertainty

Reported 2 days ago

Johnson & Johnson (NYSE:JNJ) has established a solid reputation as a reliable dividend stock, having raised its payouts for 63 consecutive years, including a 4.8% increase this year. The company's second-quarter results demonstrated strong financial health, generating approximately $6.2 billion in free cash flow, which comfortably covered its dividend obligations. JNJ currently offers a quarterly dividend of $1.30 per share, with a yield of 3.18%, making it a notable choice among investors amid uncertain market conditions.

Source: YAHOO

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