Johnson & Johnson (JNJ) is considered by many to be one of the best long-term stocks, due to its consistent high performance throughout many decades of both price and dividend growth. This is particularly true for investors, like myself, focused on consistent dividend growth. In fact, Johnson & Johnson is one of the few Dividend Kings, having increased its dividend every year for over 55 years.
Overview of Johnson & Johnson
Johnson & Johnson is a massive holding company that conducts business through operating companies virtually all over the world. These operating companies conduct research and development, manufacture, and sell a broad range of products in the health care field.
According to Johnson & Johnson's website, its operating companies operate in three separate segments or categories: Consumer Products, Medical Devices, and Pharmaceutical Products.