Healthcare is one of the few sectors seeing high demand right now, with companies working to develop COVID-19 vaccines, treatments, and diagnostic tests. The sector also offers its fair share of volatility, however. So for investors seeking stability and income during the pandemic, these two healthcare Dividend Aristocrats should be a good choice in the chaos.
Who isn't familiar with Johnson & Johnson's (NYSE:JNJ) brands? Listerine, Neutrogena, Clean & Clear, Benadryl, Stayfree, and many more are staples in consumers' lives. As a Dividend Aristocrat, Johnson & Johnson has grown its adjusted operating earnings for 35 years. As a cherry on top, it's consistently increased its dividend payments to shareholders for the past 58 years. Just like Johnson & Johnson, Medtronic (NYSE:MDT) is a Dividend Aristocrat that has increased its payouts for the past 42 years. An Ireland-based medical device manufacturer, Medtronic's current dividend yield isn't sky-high at just 2.2%, but its capacity to increase that dividend makes it an exciting stock in these distressing times. In March, the company announced an 8% dividend increase for fourth-quarter 2020.
Source: Motley Fool
Related Articles:
- 7 High Yield, High Risk Dividend Securities
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- International Diversification May Be Closer than You Think
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Many investors prefer to invest in stocks they can hold on to forever. These companies tend to offer products and services with an appeal th...
-
Mid-April and May have traditionally been the months when we see Q1 earnings and dividend announcements from our favorite dividend stocks. W...
-
I wanted to find five dividend stocks that had very high yields that appeared to be quite secure. As you know, the dividend yield ratio is c...
-
Strange but true: seniors fear death less than running out of money in retirement. Also, retirees who have constructed a nest egg have valid...
-
On Wall Street, Chris Harvey, Wells Fargo’s head of equity strategy, sees opportunities in current market conditions. “Destruction in stock ...
-
Quality items seldom go on sale, but that’s when we talk about a normal market. In a stock market that recently had its worst day since 1987...
-
Healthcare is one of the few sectors seeing high demand right now, with companies working to develop COVID-19 vaccines, treatments, and diag...
-
We’ve opened up the TipRanks database, finding three stocks whose profile justifies the entry risk in today’s unsettled conditions. All thre...
-
Stocks that pay out steady and increasing dividends are always appreciated by investors, but in times of market uncertainty and volatility, ...
-
Dividends are being cut and suspended all over the place of late, and keeping track of it all is a tall task that it likely puts many divide...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.