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
-
Three dividend-paying pharmaceutical investments to purchase amid the COVID-19 crisis avoid focusing solely on the top contenders for develo...
-
You don't need to pay a big price for a large payout. There are plenty of stocks trading in the single digits that continue to pay regul...
-
After a four-month run of steady gains, September brought sudden, sharp, losses across the board. The NASDAQ, which peaked over 12,000 on Se...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
-
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on div...
-
Recently, this stock has outperformed the US Telecom ETF, IYZ, over the past month and quarter, but it still lags IYZ and the S&P over t...
-
Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when ...
-
The current correction has provided a sweet entry point for buying into the 5G and cloud storage markets, where the best-of-breed stocks in ...
-
This stock has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Management was able to inc...
-
Looking for more security in the high yield space? Maybe you should consider preferred shares, particularly cumulative preferreds. This secu...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.