Key Points: When the S&P 500 is soaring, don’t overlook the power of dividend stocks. Consider companies that pay dividends for owning shares, offering safety in downturns and an extra lift in market booms. For passive income in 2026, three Dividend Kings stand out: Abbott Laboratories, Target, and Johnson & Johnson. Abbott Laboratories boasts a dividend yield of 2.4%, with a long track record of increasing payouts. Target, despite recent challenges, is undergoing efforts to spur recovery and growth. Johnson & Johnson’s focus on innovative medicine and medtech has led to sales and earnings growth, with a dividend yield of 2.3%.

1. Abbott Laboratories: A Dividend King with a 2.4% dividend yield and a track record of increasing payouts.
2. Target: Undergoing efforts to spur recovery and growth, with a dividend yield of 4.5%.
3. Johnson & Johnson: Focus on innovative medicine and medtech has led to sales and earnings growth, with a dividend yield of 2.3%.

Read more at NASDAQ.: Looking for Passive Income in 2026? 3 Dividend Kings to Buy Hand Over Fist