5 Best Annual Dividend Stocks to Buy Now

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In this article, we discuss 5 best annual dividend stocks to buy now. If you want to see more best annual dividend stocks to buy now, the risk/reward, and methodology of this list, go directly to 13 Best Annual Dividend Stocks to Buy Now.

5. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 84

Dividend Yield as of 3/6: 2.91%

Johnson & Johnson (NYSE:JNJ) is a leading healthcare giant with substantial financial resources given its scale and profitability. In 2022, for instance, Johnson & Johnson (NYSE:JNJ) deployed over $17 billion in M&A including the acquisition of Abiomed and the company also raised its annual dividend for the 60th straight year. In combination with its dividend, Johnson & Johnson (NYSE:JNJ) returned more than $14 billion to shareholders. In terms of the future for its dividend, Johnson & Johnson (NYSE:JNJ) said, “We know investors value our dividend, and as a part of the consumer health separation, we intend, at a minimum, to maintain that dividend.”

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