This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Companies Getting Ready to Hike Dividends in 2013

Johnson & Johnson

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

You won't find a better core income holding than Johnson & Johnson (JNJ - Get Report). The $202 billion healthcare stock has its hands in everything from consumer products like Band-Aid brand bandages to pharmaceuticals and medical devices.

That diversification provides some big benefits for JNJ -- and it helps provide some big dividend payouts as well. As I write, Johnson & Johnson pays a 61-cent quarterly dividend for a 3.33% yield. I think that number is likely to get hiked in the next quarter.

>>5 Big Consumer Stocks to Buy on the Cheap

Johnson & Johnson carries the huge profitability of a pharmaceutical company without all of the risks of big patent drop-offs looming on the horizon. Note that I said all the risks; JNJ certainly carries some of them. This year, the firm is set to lose patent protection of a couple of important drugs. That said, the effects of the patent losses should be mitigated by strength elsewhere in JNJ's business, especially in demand tailwinds that are only just starting to pick up for investors.

Another big draw for Johnson & Johnson is cash. The firm has around $20 billion of it before its $16.8 billion of debt is accounted for, and even then JNJ is better capitalized than most peers. This firm earns enormous free cash flows each year, and now, with major acquisitions behind it, management will be able to deploy more of that cash for dividends.

As of the most recently reported quarter, J&J was one of George Soros' top holdings and also showed up in Bridgewater Associates' portfolio.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
LO $0.00 0.00%
ZMH $0.00 0.00%
BBT $31.33 -2.28%
JNJ $102.00 1.45%
WYNN $58.80 -5.02%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs