Stocks and Investing Stocks and Investing
Wed, January 15, 2025
Tue, January 14, 2025

Is Johnson & Johnson (JNJ) the Most Reliable Dividend Stock to Buy According to Hedge Funds?


Published on 2025-01-14 08:41:17 - MSN
  Print publication without navigation

  • We recently compiled a list of the 12 Most Reliable Dividend Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Johnson & Johnson (NYSE:JNJ) stands against the other dividend stocks.

The article discusses whether Johnson & Johnson (JNJ) is the most reliable dividend stock to buy, based on insights from hedge funds. It highlights that JNJ has a long history of paying dividends, with 62 consecutive years of increases, making it a Dividend King. The company's diversified business in pharmaceuticals, medical devices, and consumer health products provides stability and consistent cash flow, which supports its dividend payments. Hedge funds have shown significant interest in JNJ, with notable investments from funds like Renaissance Technologies and Two Sigma Advisors. The article points out that while JNJ's yield might not be the highest, its reliability, due to its strong balance sheet, consistent earnings, and diversified revenue streams, makes it a favorite among investors looking for steady income. However, it also mentions potential risks like patent expirations and litigation, but overall, the consensus seems to be that JNJ remains a solid choice for those prioritizing dividend reliability.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/is-johnson-johnson-jnj-the-most-reliable-dividend-stock-to-buy-according-to-hedge-funds/ar-BB1rnD0q ]
Contributing Sources