JNJ - 3 Dividend Growth Stocks With Yields Above 3% That You Can Buy and Hold for the Next Decade
2024-04-09 04:21:00 ET
If you're building a stream of dividend income to fuel your retirement dreams, it helps to fill your portfolio with businesses that can keep growing through a wide range of economic conditions. Healthcare expenses are generally unavoidable, which makes it a great sector to look for stocks with steadily rising dividend payouts.
AbbVie (NYSE: ABBV) , Bristol Myers Squibb (NYSE: BMY) , and Johnson & Johnson (NYSE: JNJ) are all pharmaceutical industry giants that offer dividend yields above 3% at recent prices. Consistent development of new medicines has allowed all three companies to raise their quarterly dividend payouts at least once per year for over a decade.
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3 Dividend Growth Stocks With Yields Above 3% That You Can Buy and Hold for the Next Decade