5 Best Long-Term Dividend Stocks to Buy and Hold

2. Johnson & Johnson (NYSE: JNJ)

Number of Hedge Funds: 81

Value of Hedge Fund Holdings: $5.8 billion

Johnson & Johnson is one of the 10 best long-term dividend stocks to buy and hold, as the company has consistently increased its dividend for the last 57 years. The company is famous for its baby care, oral care, skin care, over-the-counter pharmaceutical and women’s health products. JNJ shares are up about 7% over the last 12 months. The company recently informed a House subcommittee that it plans to deliver COVID-19 vaccination for over 20 million Americans by the end of March.

Advisers at the U.S. FDA will meet later this week to discuss whether to recommend Johnson & Johnson’s Covid-19 vaccine for emergency use authorization.