5 Best Dividend Paying Stocks to Buy Now

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In this article, we discuss 5 best dividend paying stocks to buy now. If you want to see more best dividend paying stocks to buy, the risk/reward, and methodology of this list, go directly to 12 Best Dividend Paying Stocks to Buy Now.

5. Johnson & Johnson (NYSE:JNJ)

Dividend Yield as of December 12: 2.54%

Number of Hedge Fund Holders: 85

Johnson & Johnson (NYSE:JNJ) ranks #5 on our list of 12 Best Dividend Paying Stocks to Buy Now given 85 hedge funds in our database were long the healthcare giant. Considering the stability and quality of its business, Johnson & Johnson (NYSE:JNJ) has increased its annual dividend for 60 consecutive years and has a dividend yield of 2.54% at current prices as a result. In terms of EPS, analysts expect Johnson & Johnson (NYSE:JNJ) to earn $10.05 per share in 2022, $10.39 per share in 2023, and $10.78 per share in 2024.

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