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Why This Stock's 2.7% Dividend Yield Could Be the Safest on Wall Street

Why This Stock's 2.7% Dividend Yield Could Be the Safest on Wall Street

Dividends are a popular wealth-building tool, but let's face it: A dividend is only as helpful as it is reliable. Chasing stocks because they have high dividend yields is a dangerous game; sometimes, a high yield reflects the market's concern that a company can't afford its payout. Healthcare conglomerate Johnson & Johnson (NYSE: JNJ) could be your stock if dependability is your goal.