Johnson & Johnson (NYSE:JNJ) is not only a Dividend Aristocrat, it is also a Dividend King. The 51 Dividend Aristocrats are a group of companies in the S&P 500 Index, with 25+ consecutive years of dividend increases. The Dividend Kings are an even more exclusive group of stocks, with 50+ years of consecutive dividend increases. J&J stock is one of only 22 Dividend Kings. Johnson & Johnson has been in operation for 130 years, and has raised its dividend for 55 years in a row
J&J’s pharmaceutical segment is its strongest area of growth. This segment has generated much higher growth rates than medical devices or consumer products, in recent periods. For example, J&J had adjusted earnings-per-share of $6.73 in 2016, which represented 8% growth from the previous year. Organic revenue increased 7% for 2016. By 2021, J&J expects to file 10 new products, each with annual sales potential of $1 billion or more. It also sees the potential for 40 line extensions to existing products by then. Of these 40 extensions, 10 of which have the potential for more than $500 million in annual revenue.
Source: InvestorPlace
Related Articles:
- 4 Dividend Stocks Delivering The Secret To Successful Investing
- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
-
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Tw...
0 comments
Post a Comment
Post a Comment