Johnson & Johnson a Top Ranked SAFE Dividend Stock With 2.9% Yield (JNJ)
ETF Channel Staff - Tuesday, July 17, 7:33 AMJohnson & Johnson (JNJ) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.9% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Johnson & Johnson is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.95% of the SPDR S&P Dividend ETF (SDY), which holds $149,543,972 worth of JNJ shares.
Johnson & Johnson (JNJ) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Johnson & Johnson is $3.6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/27/2018. Below is a long-term dividend history chart for JNJ, which the report stressed as being of key importance.
JNJ operates in the Drugs & Pharmaceuticals sector, among companies like Pfizer Inc (PFE), and Novartis (NVS).