19 Blue Chip Stocks for Incredibly Reliable Dividends
19 Blue Chip Stocks For Incredibly Reliable Dividends Generally, blue chip stocks are those of the highest quality, and many provide reliable dividends. Investors may be familiar with the term blue chip stock. This is because blue chips were traditionally the most valuable at a casino. And while investors should never associate the stock market with gambling, blue-chip stocks refer to the best of the best. We believe blue chip stocks are those that pay dividends to shareholders, and have increased their dividends each year for at least 10 years in a row. Blue chips offer safe dividends, that continue to be increased even during economic downturns. 19 Blue Chip Stocks The following 19 stocks qualify as blue chips, and are among the most dependable stocks for reliable dividends. 1. Johnson & Johnson (JNJ) No list of blue-chip stocks would be complete without Johnson & Johnson, the largest U.S. healthcare company by market cap. Johnson & Johnson is a diversified health care company and a leader in the area of pharmaceuticals (~49% of sales), medical devices (~34% of sales), and consumer products (~17% of sales). Further, Johnson & Johnson generates annual sales in excess of $90 billion. Johnson & Johnson has increased its dividend for 58 consecutive years. With over 50 consecutive years of reliable dividend increases, Johnson & Johnson is on the exclusive list of Dividend Kings. Related read: The complete list of all 31 Dividend Kings. 2. Procter & Gamble (PG) Procter & Gamble is a consumer staples giant with a large portfolio of leading brands. Some of its notable brands include Pampers, Tide, Bounty, Charmin, Gillette, Old Spice, Febreze, Crest, Oral-B, Olay, and many more.
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