Is Johnson & Johnson (JNJ) the Best Income Stock to Invest in Now?

From Yahoo Finance.: 2025-05-10 04:09:00

Investors are turning to dividend-paying stocks for stability amid trade concerns and economic uncertainty. Analysts support dividend stocks for their dual benefits of potential capital appreciation and steady income. Data shows dividends have historically made up 32% of the total market return. Global dividend payments reached a record $1.75 trillion in 2024, with forecasts of a 5% increase in 2025.

Johnson & Johnson (NYSE:JNJ) stands out as a top income stock, with 63 consecutive years of dividend growth. The company reported solid first-quarter 2025 results, with revenue reaching $21.9 billion and net income surging by 238%. JNJ also made progress in innovation and acquisitions, supporting its financial strength and dividend growth. The stock ranks 2nd on the list of best income stocks to invest in.

Investors seeking reliable income-generating investments should consider companies with consistent dividend growth and strong financials. Johnson & Johnson (NYSE:JNJ) offers a dividend yield of 3.37%, with a 4.8% increase in its quarterly dividend. While JNJ is a solid choice, deeply undervalued dividend stocks may offer higher returns in a shorter timeframe. For more insights on promising dividend stocks, check out the report on dirt cheap dividend stock.



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