Saturday, January 18, 2014

Johnson & Johnson Analysis

Johnson & Johnson is the world's biggest diversified health care company. Its roots can be traced back to a surgical dressing company founded in 1886 by brothers Robert, James, and Edward Johnson. Nearly 130 years later, the Johnson & Johnson (JNJ) family of companies includes:

  • The world's 6th largest consumer health company
  • The world's largest medical devices & diagnostics company
  • The world's 5th largest biologics company
  • The world's 8th largest pharmaceuticals company

The company is organized into 3 segments: Consumer, Pharmaceutical, and Medical Devices & Diagnostics, representing 20%, 40%, and 40% of total revenues. JNJ is a S&P500 dividend aristocrat, has paid an uninterrupted dividend since 1944, and has increased it for 51 consecutive years. Only 15 companies in the entire world have managed to raise dividends for more than 50 years each. JNJ is truly among the elite companies of the world.

Wednesday, January 15, 2014

Dividend Growth Portfolio, December 2013, Annual Summary

Its been a while since I posted anything on here. I feel I've been neglecting to update the status of my portfolio. 2013 has been a whirlwind year! I bet not many people predicted S&P 500 would be up over 30% with dividends reinvested. Its definitely been a good year if you were invested in the stock market. The sad part is, many people missed out, either by being too heavy in the Canadian market, or staying on the sidelines.

You know that saying, that your relative performance takes a heavy beating if you miss just the best 10 days of the last 10 years? Well.. imagine what happens if you miss the best year in the past 10 years... (best year since 1997 to be exact)

But all is not lost! After all, its a new year, and a new year means everyone starts fresh! Equities are not expensive. They are not cheap either, but there can still be value to be had, if you know where to look.