Medtronic Has Raised Its Dividend for 49 Years. These 2 Rivals Have Even Longer Streaks
The item says Medtronic’s 49-year dividend-raising streak is surpassed by two medical-device rivals. It points to differences in dividend yield, valuation, and balance-sheet strength among the companies.
Why it matters — Johnson & Johnson watchers may find the comparison relevant to its position among medical-device companies with long dividend-raising records.