I am partial to Utilities, for the safety they offer and I plan on adding to my utility holdings but I think ED is a bit too pricey here. CMP on the other hand is quite cheap but it could go lower with above normal winter temperatures persisting. However I thought JNJ was at a pretty fair price here so I pulled the trigger.
I purchased another 12 shares @ $97.50 - $1170
JNJ Stock Chart
JNJ Basic Statistics
- Ticker Symbol: JNJ
- Sector: Healthcare
- Yield: 3.06%
- Dividend Streak: 53 years
- Dividend Growth 1yr: 6.9%
- Annualized Dividend Growth 3yr: 7.1%
- Payout Ratio: 55%
- P/E Ratio: 15.4
- Market cap:$273 Billion
- Website: http://www.jnj.com
JNJ Dividend Growth Chart