Johnson & Johnson: The Likely Dividend Increase In May Is A Good Reason To Step In And Buy

Johnson & Johnson just released 4Q earnings.

The company will likely increase the dividend in May.

The stock is a buy at the current price, even more so when factoring in the likely dividend increase.

Johnson & Johnson (NYSE:JNJ) is a consumer staples company that is a Dividend Champion. At the current market price, before the dividend increase announcement for the May dividend, the stock is a buy for dividend growth investors.

Source: Seeking Alpha

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