J&J(JNJ) Finbold·2024-07-09 13:30Core Viewpoint - In the latter half of 2024, three dividend stocks—Johnson & Johnson, Procter & Gamble, and Coca-Cola—are highlighted as strong investment opportunities due to their resilience, consistent performance, and reliable dividend distributions [1][5]. Company Summaries Johnson & Johnson - Johnson & Johnson (NYSE: JNJ) is recognized for its diversified portfolio in healthcare, offering a dividend yield of approximately 2.8% [2]. - The stock has experienced bearish sentiments in 2024, with a year-to-date (YTD) decline of over 9%, closing at 145 on July 8 [2]. Procter & Gamble - Procter & Gamble Co. (NYSE: PG) leads in consumer goods with a dividend yield around 2.5% [3]. - The company has shown positive growth in 2024, with the stock surging over 11% YTD, valued at 166.52 [3]. Coca-Cola - Coca-Cola Company (NYSE: KO) offers a dividend yield of approximately 3.1%, making it attractive for investors [4]. - The stock has registered positive gains in 2024, increasing over 5% with a share price of $62 at the time of reporting [4]. Investment Insights - All three companies have a long history of paying dividends, suggesting a lower risk of dividend cuts compared to newer firms [6]. - Each company has consistently increased their dividends over time, appealing to income-oriented investors [6]. - The companies operate in defensive sectors (healthcare and consumer staples), which tend to perform well during economic downturns, providing stability to portfolios [6].