Johnson & Johnson: Quality at a Reasonable Price
I mentioned in my annual dividend growth checkup that I was underweight the health care industry and was looking to increase my exposure there. I recently added shares of one health care giant, Becton, Dickinson & Company (NYSE:BDX) (Full Analysis Here), to my portfolio; however, there's another giant that is absolutely wonderful. Johnson & Johnson (NYSE:JNJ) recently announced a 7.1% dividend increase which would mark its 53rd consecutive increase, marking JNJ as a dividend champion. Johnson & Johnson closed trading on Friday, May 1st at $101.13, giving a current yield of 2.97%.