Written by Nicholas McCullum for Sure Dividend on April 21, 2017.
Johnson & Johnson (NYSE:JNJ) is one of the most stable businesses around.
The company’s statistics are impressive:
- 33 years of consecutive earnings-per-share growth (currency-adjusted)
- The lowest stock price volatility of any Dividend Aristocrat
- One of only two companies to hold the coveted AAA credit rating from Standard & Poor’s (the other being Microsoft (NASDAQ:MSFT))
- The third most popular dividend growth stock among dividend growth bloggers
- 54 years of consecutive annual dividend increases
Johnson & Johnson’s dividend history is particularly impressive. The company qualifies to be not only a Dividend Aristocrat, but a member of the Dividend Kings – a group of elite companies with 50+ years of consecutive annual dividend increases. You can see the list of all 19 Dividend Kings here.