JNJ · Dividend Triangle
5-year compound growth across Revenue, , and Dividend — the three legs that decide whether a payout is sustainable.
- of 60% leaves comfortable room for both reinvestment and future dividend hikes.
- of 16.6% — management is deploying capital efficiently, a long-term tailwind for dividend reliability.
- coverage1.39xtarget >1.5x
Coverage is thin — a bad quarter could squeeze the dividend.
- 60.2%target <60%
Stretched — the next hike will be small or paused.
- Dividend streak64 yr (Aristocrat+)target ≥5 yr
25+ year streak survived multiple recessions.
- Leverage ()0.68target <1.5
Debt load is in the safe zone for this sector.
- Yield in sector range2.07%target 1.0–4.0%
Yield is normal for Healthcare.
Rule of thumb: 5/5 = buy with conviction · 4/5 = smaller position · 3/5 = investigate and write your thesis · ≤2/5 = walk away.
DiviDrip's Opinion
Coverage is stretched and earnings are heading the wrong way.
- EPS down 21.7% — earnings shrinking.
What changes our mind: Payout coming back under 60% with positive EPS growth and FCF coverage under 70% would warrant another look.
DiviDrip's Opinion is an educational signal based on public financials, not financial advice. Always do your own research.
Source: Massive.com · Cached 24h · Dividend Triangle is for educational use, not investment advice.
The Dividend Triangle is an educational visualization. It is not investment advice and does not replace your own research or a conversation with a licensed financial advisor.