In its brief time on the public markets, Kenvue (NYSE: KVUE) has already shown it has all the makings of a high-quality dividend stock.

Just a short time after its official separation from healthcare giant Johnson & Johnson (NYSE: JNJ), Kenvue is already paying a dividend that yields 3.5% at recent prices. That's higher than Johnson & Johnson's 3% payout and the roughly 1.5% yield of the S&P 500. And Kenvue's strong financial foundation and growing cash flows as a consumer healthcare giant should support a steadily rising dividend.

Here's a closer look at the company, which dividend-focused investors won't want to miss.

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Source Fool.com