Here's How Much You Could Be Making From Johnson & Johnson's Dividend 5 Years From Now
If you only look at a stock's current dividend yield, you could get an incomplete picture as to how much recurring revenue it can actually generate for you. Dividend growth is an important consideration because if a company increases its payouts, your recurring income will grow over time. And if a company's dividend remains unchanged, then that means inflation will cut into your earnings over time.
One company that falls into the former category is Johnson & Johnson (NYSE: JNJ). A Dividend King, the company has raised its dividend payments for more than 50 years in a row. It is one of the best dividend growth stocks you will find on the markets. And below, I will look at how much recurring income you could earn from the stock in the next five years.
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Source Fool.com
