Is JNJ a dividend company you can hold forever?
We know from history that some companies do well in bad times. Whether it's because of the nature of their business or their financial strength. But can these particular companies hold on forever? I mean, specifically probably the most stable of them?
Many investors are wondering the question - can a company be held "forever"? Of course, that would be nice, but of course there is no universal answer. Looking specifically at the history of $JNJ, an affirmative answer to this question is offered. But is it really?
Let's take a look at a few factors that may influence this. After all, Johnson & Johnson is a solid company with a long history, but it also has some risks that you should consider if you're considering it as a long-term dividend investment.
JNJ has a 59-year track record of continuously increasing its dividend payout, making it one of the most consistent dividend payers in the market. The company enjoys a strong position in its core…
For me, a great company, but I would like to buy its shares at a lower price.