Three reliable dividend stocks with strong histories and diverse operations for passive income investors.
From Yahoo Finance: 2025-05-17 06:40:00
Abbott Laboratories is a reliable dividend stock with over 100 years of dividend history, increasing payouts for over 50 consecutive years. It offers a 1.8% dividend yield, with quarterly dividends of $0.59 and strong financials backed by diverse operations in healthcare.
AbbVie, spun off from Abbott Labs, has sustained a 53-year streak of dividend increases. Despite losing patent exclusivity for Humira, strategic acquisitions and new drugs like Rinvoq and Skyrizi have bolstered sales projections to surpass Humira’s peak sales.
Johnson & Johnson remains a solid passive income stock despite legal issues and tariff threats. With a focus on healthcare, a strong financial foundation with an AAA rating, and a 62-year track record of dividend increases, J&J is poised for long-term growth and resilience in challenging times.
Read more: 3 Magnificent Stocks That Are Passive Income Machines
