5 Best Dividend Stocks to Buy for Long-Term Gains

In this article we discuss the 5 best dividend stocks to buy for long-term gains. If you want to read our detailed analysis of these companies, go directly to the 10 Best Dividend Stocks to Buy for Long-Term Gains.

5. Johnson & Johnson (NYSE: JNJ)

Forward Dividend Yield: 2.57%
Number of Hedge Fund Holders: 81

Johnson & Johnson (NYSE: JNJ) is an American multinational medical company specializing in the production of medical devices, pharmaceuticals, and consumer packaged goods. The company was found in 1886 and is ranked 5th on our list of the best dividend stocks to buy for long-term gains.

Johnson & Johnson (NYSE: JNJ) is a pioneer in the pharmaceutical, consumer healthcare, and medical services sector. Johnson & Johnson’s (NYSE: JNJ) medical device sales went down last year, mostly because surgery patients canceled or postponed their operations because of the pandemic, but at the same time, its pharmaceutical and consumer healthcare sectors were able to make up for the losses.

The company has also consistently and reliably paid out dividends to its shareholders for the past 59 years. Johnson & Johnson’s (NYSE: JNJ) cash dividend payout ratio for the past 12 months was 51%.