Saturday, August 16, 2014

Recent Buy - Johnson & Johnson (JNJ)


I added 7 shares of JNJ at $101.56 per share.


  • JNJ is a global powerhouse.  Over 1 billion people use JNJ products on a daily basis. Johnson & Johnson has a variety of products, which includes consumer health products, medical devices and diagnostics. Johnson & Johnson is also involved with pharmaceuticals which range from key areas like immunology, infectious diseases, neuroscience and oncology.



  • Johnson & Johnson has a key focus on Innovation. JNJ spent approximately $7.7 billion for research and development and so far it's been a great investment. There has been strong sales from products like Simponi, Stelara and Zytiga. 



  • They have also been aggressive with acquisitions and building their brand. 



  • The dividend for JNJ stock currently yields an attractive 2.77%. JNJ management has increased the dividend payout for an impressive 51 years. Earnings for JNJ stock have increased for 30 straight years. Another plus is the company boasts a AAA credit rating. There is not doubt in my mind that JNJ will continue increasing it's dividend for years to come.


12 comments:

  1. One of the best dividend stocks you can buy. The PE ratio just a bit under 20 now after a tiny sell off to go along with the rest of the market. Nice buy.

    ReplyDelete
    Replies
    1. CD,
      It was a tough decision because AFL and DE were also on my radar. I am hoping to add those to my portfolio as well if the prices are still low. However I agree that JNJ is a must have in building a DG portfolio. I am sure I will be thanking myself in 10 years for this investment. Best Regards and thanks for the compliment.

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  2. JNJ is one of those stocks u just keep adding to and never selling. Love it!

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  3. A-G,
    I do plan on holding this one forever. I am sure I will be adding to it in the future and can't wait to receive those quarterly dividends.JNJ also has a dividend coming up next month!

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  4. Thanks for sharing your recent purchase of JNJ. As you already know, an awesome company with a very dividend friendly policy in place. I have held JNJ in my portfolio since 2007 and plan to keep it "forever." Look forward to your next purchase.

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    Replies
    1. Hey DivHut,
      I had to pick between AFL, DE, and JNJ. I really felt a need to have a health-care stock in my portfolio. I plan to hold JNJ forever unless they cut dividends. I look forward to writing about my next purchase because it's a stock that I don`t often here about. Best regards!

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  5. JNJ is one of my favorite companies and I want to badly add to my position. I almost pulled the trigger when it dropped to $99 couple of weeks ago, but decided to hold out. Im hoping that better opportunities will present itself in the next few months. Stil....cant go wrong at the $101 level.

    Keep it up
    R2R

    ReplyDelete
    Replies
    1. Hey R2R,
      I thought about waiting for a dip but I have no doubt JNJ will keep getting more expensive. I plan on holding for 30+ years so in the end the extra few bucks wont matter. I`m just glad to finally have JNJ in my portfolio. Thanks for stopping by!

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  6. Just purchased some JNJ shares myself too. Great buy.

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    Replies
    1. Tawcan,
      You can't go wrong with purchasing shares of JNJ. I am glad to have you as a fellow shareholder.

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  7. I want to build up JNJ to be a much larger position the price keeps eluding me. I missed its dip under $100 a few weeks back although I was waiting patiently for it. And of course the big dip happens when I couldn't monitor the markets. Oh well, I know I'll continue to add more shares of this great company. I'd just really like to do so before the ex-div at the end of this week!

    ReplyDelete
    Replies
    1. I was also hoping to get JNJ a little cheaper but I really needed a health-care stock to compliment my portfolio. The dips in the market are scarce and I have been buying MCD and MAT this week because they are cheap compared to 95% of the market. The yields are high which is a plus. Good luck!

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