Yahoo Finance Analysis: Coca-Cola, Johnson & Johnson, and PepsiCo are three dividend stocks worth holding for Baby Boomers.
Yahoo Finance analysis indicates that Coca-Cola (KO), Johnson & Johnson (JNJ), and PepsiCo (PEP) are three dividend stocks suitable for Baby Boomer investors to hold for life. These companies boast decades of dividend growth, investment-grade balance sheets, and ample free cash flow to pay dividends even during economic downturns. Specifically, Johnson & Johnson has increased its dividend for 64 consecutive years, while Coca-Cola and PepsiCo have also raised their dividends for several decades each.
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