Is JNJ Stock A Buy ? Johnson & Johnson stock is a buy — if shares return to their buy zone. Investors are encouraged to a buy a stock when it’s no more than 5% above a buy point.
That’s higher than the 1.8% average yield of the S&P 500 stock , but it isn’t very impressive in isolation. What’s impressive is that the dividend has grown larger for each of the past 58 years in a row, making it one of the most reliable on the market and earning J&J the title of Dividend King.
In the first quarter of 2020, Johnson & Johnson reported $20.7 billion in sales, representing a 3.3% spike from Q1 2019. Sales in its consumer health and pharmaceutical divisions grew by 11% and 10.2%, respectively. The company also confirmed a 6.3% boost to its dividend.
JNJ Dividend History
|Ex/EFF DATE||TYPE||CASH AMOUNT|
Disney stock is a buy .
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On February 20, 2020, the Coca – Cola Company ( KO ) announced its 58th consecutive annual dividend increase, raising the quarterly payment 2.5 percent from $0.40 to $0.41 per share. For 2019, Coca – Cola recorded $37.26 billion in revenue, up 8.6% from the year before.
Johnson & Johnson is considered a “ Dividend King ” given their 50+ years of dividend increases. Over the years, investors have bought JNJ for its conservative approach, low stock price volatility, and a dividend that is both stable and growing.
List of 25 high-dividend stocks
|Symbol||Company Name||Dividend Yield|
|AEP||American Electric Power Co Inc.||3.79%|
|BKH||Black Hills Corp.||3.73%|
Top 10 Owners of Johnson & Johnson
|The Vanguard Group, Inc.||8.25%||217,298,426|
|SSgA Funds Management, Inc.||5.69%||149,722,339|
|BlackRock Fund Advisors||4.90%||129,091,983|
|Geode Capital Management LLC||1.50%||39,542,824|
But experts say trying to get ahead right now by picking stocks they think will surge after the coronavirus pandemic is over isn’t a smart investing strategy. If you’re just going to pick stocks , experts say now isn’t the time to start investing .
Amid sales of the iPhone and other products, Apple remains a long-term buy . However, new investors may want to wait for the valuation to fall further before adding positions. For next year, analysts forecast revenue growth will decelerate to 5%, while profits increases could slow to 9% if the predictions prove correct.
McDonald’s pays an annual dividend of $5.16 per share, with a dividend yield of 2.48%.
Disney pays a semi-annual dividend of $0.88 a share. Its current dividend yield is 1.8%. Disney has chosen to focus more on buybacks versus dividends , however.
As of November 2018, Apple paid shareholders a dividend of 73 cents per share.