Buy This Ultra-Safe High-Yield Dividend King Stock for Reliable Passive Income

Kenvue (NYSE: KVUE) stock is down since completing its spin-off from Johnson & Johnson (NYSE: JNJ) in August 2023. But with more than a year of results now in the books, investors have had time to acclimate to Kenvue as an independent entity.Kenvue is a stable stalwart with a growing dividend. But the lack of organic growth is unimpressive, and there's room for improvement from a cost standpoint.Here's why the future is bright for Kenvue and why the high-yield dividend stock is worth a closer look for risk-averse investors looking to boost their passive income stream.Continue reading

Feb 21, 2025 - 09:26
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Buy This Ultra-Safe High-Yield Dividend King Stock for Reliable Passive Income

Kenvue (NYSE: KVUE) stock is down since completing its spin-off from Johnson & Johnson (NYSE: JNJ) in August 2023. But with more than a year of results now in the books, investors have had time to acclimate to Kenvue as an independent entity.

Kenvue is a stable stalwart with a growing dividend. But the lack of organic growth is unimpressive, and there's room for improvement from a cost standpoint.

Here's why the future is bright for Kenvue and why the high-yield dividend stock is worth a closer look for risk-averse investors looking to boost their passive income stream.

Continue reading