Comments on: Why I Continue to Hold JNJ As a Dividend Stock

By: Robber Baron

Robber Baron — Thu, 15 Apr 2010 02:53:24 +0000

I’ve just bought some JNJ. Had held off over the past year, but with a recent transfer from an annuity I decided “no time like the present” to buy a handful. When the market tips downward later this year, I’m hoping JNJ falls less than most, as we saw in 2008. I suspect that over the next three years, I’ll still have done better than a moneymarket CD…

By: Why I Continue to Hold Procter & Gamble

Why I Continue to Hold Procter & Gamble — Wed, 14 Apr 2010 11:02:38 +0000

[...] A few posts ago I started a series of posts on the various dividend stocks I hold, starting with Johnson & Johnson. Today I am going to have a look at Procter & Gamble [...]

By: Matt @ Dividend Monk

Matt @ Dividend Monk — Wed, 24 Mar 2010 18:51:57 +0000

Good post, and I agree. JNJ is a long-term holding for myself as well. Solid dividend, great history, and diversified both in terms of both products and geography.

I do think there is reasonable chance for significant price appreciation over the coming years. JNJ is priced well below the market average in terms of valuation and priced below historical valuations for the stock. They’ve remained static because earlier valuations were so high, so despite consistent growth, the stock has been rather flat. Over the next decade as long as JNJ continues performing well, I expect increases since it’s reasonably valued at the moment.

By: Doctor Stock

Doctor Stock — Tue, 23 Mar 2010 23:21:24 +0000

I do like this stock… although I tend to trade it on momentum. It is a great, consistent stock.

By: TimR

TimR — Sun, 21 Mar 2010 20:39:02 +0000

Excellent post. JNJ is part of my core of dividend payers and will remain there.

I certainly agree that the likelihood of strong share appreciation is rather remote at least in the short run, but I think we may be in for a positive surprise when the next secular bull begins.

With a very reasonable p/e ratio and continued solid financial performance even in the midst of a deep recession, I think JNJ is set up for a nice improvement in its share price when the next secular bull begins later in this decade.

But even if it doesn’t happen the dividends will continue.