Better Dividend King: Johnson & Johnson vs. Abbott Laboratories
Dividend Kings are stocks that have increased their payouts for 50 years or longer. They are among the best and safest income stocks to hold in your portfolio. Although they don't always provide investors with the highest yields, you're likely to see your dividend income rise from holding these types of investments over the years.
That's why you shouldn't scoff at dividend growth stocks with low yields because those payouts can be deceptively low. A couple of Dividend Kings you won't have to worry about paying low payouts today are Johnson & Johnson (NYSE: JNJ) and Abbott Laboratories (NYSE: ABT). Both pay more than the S&P 500 average of 1.4%, but which one is the better dividend stock to hold?
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Source Fool.com
