Worried About Inflation? This Dividend King Is a No-Brainer Buy
For investors to achieve and maintain financial independence with dividend investing, they need to make sure that they are buying quality dividend stocks that can keep up with inflation. This is especially important with inflation rising 7.5% in January over the year-ago period, which is the highest reading since February 1982.
Johnson & Johnson (NYSE: JNJ) is a Dividend King that should be able to offset the decrease in purchasing power that inflation creates. Let's dig into why that's the case and what makes J&J a buy for income investors.
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Source Fool.com
