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JNJ - Is Johnson & Johnson the Best Dividend Stock for You?

2024-06-25 06:54:00 ET

Investing comes in many flavors, so there isn't a right or wrong approach: You should do what's best for you. That applies even to dividend investing. For some, dividend investing means maximizing immediate income, even if it requires sacrificing some growth and long-term upside; for others, it's the opposite.

Healthcare juggernaut Johnson & Johnson (NYSE: JNJ) is a hallowed name in the dividend community, both for its brand recognition and for a remarkable dividend-raise streak that's lasted 62 years and counting. But whether the stock should reside in your portfolio depends on a variety of factors.

Here's how to tell whether J&J is the right dividend stock for you.

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Is Johnson & Johnson the Best Dividend Stock for You?
Stock Information

Company Name: Johnson & Johnson
Stock Symbol: JNJ
Market: NYSE
Website: johnson.ca

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