Amidst the rising concerns of continued rate hikes and recession in the economy, healthcare giant Johnson & Johnson (JNJ), with its record of 60 consecutive years of dividend growth, could help ensure a stable source of passive income in 2023. Let’s dive deeper and find out more about this dividend stock.
JNJ recently declared a cash dividend of $1.13 per share on the common stock for the first quarter of 2023, payable on March 7, 2023.
