Johnson & Johnson
Quick quiz: What was the last year Johnson & Johnson (NYSE:JNJ) did not raise its dividend? 1971, when it had yet to start paying one. With this year’s dividend hike, JNJ has been increasing payouts for 50 straight years, putting it among the most dependable dividend stocks.
J&J operates within three internal segments — consumer, pharmaceutical and medical devices — and you know them through brand names like Listerine, Acuvue and Johnson’s Baby shampoo, among others.
With a market cap of $171 billion, Johnson & Johnson is one of the most stable and consistent earnings growth companies in the U.S. with a huge global market reach. A 16% profit margin and similar return on equity, $33 billion in cash and $15 billion in operating cash flow position JNJ for continued expansion. Slow and steady is the way JNJ rolls — to the tune of a 61-cent quarterly dividend, good for a fantastic 3.9% yield.