Johnson & Johnson: A Defensive Dividend King Set To Outperform The S&P 500
J&J(JNJ) Seeking Alpha·2024-01-05 06:13
Mario Tama Dear readers, Johnson & Johnson (NYSE:JNJ) is arguably one of the safest businesses in the world, as it is one of only two companies that have an AAA rating which is higher than the AA+ rating of the U.S. government. It is also a dividend king with a 60+ year history of dividend increases and a defensive stock which I believe is suitable for most portfolios. I argued in a recent article on Procter & Gamble (PG) why I like to allocate a portion of my capital to Staples. JNJ shares a lot of the sam ...