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  • Writer's picturePaul Gravina

Buy Johnson and Johnson Dividend Aristocrat

Johnson and Johnson (JNJ) is a company that has stood the test of time. It was founded in 1886 by Robert Wood Johnson I, who was a co-founder of Johnson & Johnson. The company has been around for 130 years and has become one of the largest healthcare companies in the world. It's also known for its iconic baby powder, which has been used by generations of mothers to keep their babies fresh and dry. Some may think that JNJ stock is too expensive to invest in, but it's actually very affordable. The stock trades at less than 10 times earnings, which means there's plenty of room for growth. With an annual dividend yield of 3%, you can count on getting paid while you wait for your investment to grow. Johnson and Johnson is a company with a long history of innovation and leadership in the healthcare sector. It's also one of the oldest continually-operating businesses in the United States, dating back to 1886. The company has experienced steady growth over the years, with a market cap now of $419 billion and an impressive market share of 22% in the pharmaceutical industry. The stock price has risen steadily too—Johnson & Johnson stock has increased by more than 10% per year on average over the past five years, and it currently has an annual dividend yield of 3%.

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