From NASDAQ:

Walgreens Boots Alliance made the difficult decision to decrease its dividend by 48%. Looking for a more reliable stock? Consider Johnson & Johnson and Microsoft. Johnson & Johnson faces new regulations, but its track record is solid. Microsoft’s excellent business and growth prospects make it an excellent pick for regular payouts too.

Johnson & Johnson: The Inflation Reduction Act will impact some of its therapies, but its AAA credit rating shows it can handle its obligations. The company has increased dividends for 61 years and has a deep pipeline of products. Expect more of the same from Johnson & Johnson.

Microsoft: Going strong in its business operations, Microsoft has a suite of productivity tools and a strong brand name. In the past decade, it has increased its payouts by nearly 168%. Not known for its dividend, it’s still an excellent pick for regular payouts. Consider its growth prospects and excellent business.



Read more: Walgreens Boots Alliance Just Cut Its Dividend: Here Are 2 Companies That Won’t