If You Invested $5,000 In Johnson & Johnson In 2018, This Is How Much You Would Have Today
As one of the most prominent healthcare companies on Earth, Johnson & Johnson (NYSE: JNJ) is a stock that's much loved by investors on account of its metronome-like consistent returns. Between its gradually increasing dividend and plenty of reasons to expect that the business will be more valuable tomorrow than it is today, it's easy to assume that it has a knack for beating the market.
But it doesn't. In fact, the stock often underperforms the market's growth on shorter timescales. So how much would you have if you made a moderately sized investment of $5,000 a mere five years ago? Let's find out.
If you invested $5,000 in Johnson & Johnson in mid-2018 and reinvested all your dividends, you'd currently be enjoying a total return of 53%, which means you'd have around $7,640. If, on the other hand, you spent 100% of your dividends as soon as they hit your account, your shares would be worth roughly $6,689. But either way, your investment would have gained a bit, and thanks to this company's reputation for stability and enduring growth over time, you probably didn't have any problem with sleeping soundly.
Source Fool.com
