Guide to Earning $1,000 in Dividend Income from Johnson & Johnson Stock

Tuesday, 21 May 2024, 14:57

Learn how investing in Johnson & Johnson (NYSE: JNJ) can help you earn $1,000 of annual dividend income. Discover the benefits of its high-quality dividend stock status, sustainable growth, and ideal portfolio allocation strategies. Find out if Johnson & Johnson is the right investment choice for you based on financial strength and dividend sustainability.
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Guide to Earning $1,000 in Dividend Income from Johnson & Johnson Stock

Investing in Johnson & Johnson for Dividend Income

Johnson & Johnson is a high-quality dividend stock. The healthcare behemoth, a member of the elite group of Dividend Kings, offers a 3.3% forward dividend yield.

With a $1.24 quarterly dividend payment, you'd need to own about 202 shares to earn $1,000 yearly.

Portfolio Allocation Strategy

To comfortably invest $31,000 in Johnson & Johnson, you should ideally have a diversified portfolio of 25 stocks totaling around $775,000. Consider allocating 10% of your portfolio to JNJ due to its financial strength.

Investment Considerations

Before investing in Johnson & Johnson, take into account the potential gains from other stocks recommended by The Motley Fool Stock Advisor team.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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