Johnson & Johnson Is a King of Dividend Safety

Johnson Johnson (NYSE: JNJ) is arguably one of the safest dividend stocks in the world. The healthcare giant generates durable cash flow and has a fortress-like balance sheet. These features put its 3.4% yielding dividend on a rock-solid foundation.

Here's why those seeking a bankable income stream should invest in Johnson & Johnson.

Johnson Johnson is one of only two companies in the world with a AAA bond rating from two or more credit rating agencies; Microsoft is the other. That's better than the U.S. federal government, which only has one AAA rating remaining. The company's prime credit rating means it has an extremely strong capacity to meet its financial obligations.

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Source Fool.com