2 Rock-Solid Dividend Stocks to Buy for Steady Passive Income

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These are companies with stable cash flows, healthy balance sheets, and a long history of rewarding shareholders with steady dividends. Here are two solid dividend stocks that stand out for providing consistent income and long-term stability, even in volatile markets.Johnson & Johnson (JNJ) is a global healthcare company that makes prescription drugs that treat serious and chronic diseases and also makes medical devices and technologies used in hospitals. JNJ’s diversified business generates stable, resilient revenue and strong cash flow, allowing it to pay recurring dividends. JNJ has been paying and increasing dividends for over six decades now, earning it the title of a Dividend King. Its forward yield of 2.5% is higher than the healthcare average of 1.6%. Its forward payout ratio of 42% is also reasonable.UnitedHealth Just Got a Checkup, and UNH Stock Has Some Big Problems to Treat in 2026. The Bull and Bear Cases Now.Should You Buy Dividend-Paying Gold Stocks as Trump Makes Them ‘Great Again’?Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.In the third quarter, Johnson & Johnson reported sales of $24 billion globally, representing 5.4% year-over-year (YoY) growth, despite a significant headwind from the loss of exclusivity of STELARA. Adjusted net earnings grew to $6.8 billion, with adjusted diluted EPS of $2.80, a 15.7% increase YoY. Free cash flow generation remained strong, hitting $14 billion in the first nine months of the year, enabling the company to fund innovation while maintaining shareholder returns.JNJ also announced intentions to spin off its Orthopaedics business, forming a more concentrated healthcare innovation company centered on six key growth areas: oncology, immunology, neuroscience, cardiovascular, surgery, and vision. Management stressed that the separation is expected to boost MedTech growth and margins while having no impact on the company's dividend. The company ended the quarter with $19 billion in cash and marketable securities and reiterated its commitment to disciplined capital allocation. Despite significant investments in R&D and strategic growth efforts, management has stated clearly that the Johnson & Johnson dividend will not be affected.Looking ahead, management expects revenue to grow by more than 5% in 2026, with profitability potentially increasing due to new product launches and margin improvement. Johnson & Johnson remains an outstanding dividend stock for investors looking for consistent passive income supported by strong fundamentals.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,993.00 +11.25 (+0.16%)Dow Futures49,635.00 -4.00 (-0.01%)Nasdaq Futures25,834.00 +128.25 (+0.50%)Russell 2000 Futures2,694.50 +6.10 (+0.23%)VIX15.65 -1.10 (-6.57%)Gold4,616.70 -7.00 (-0.15%)Trending tickersIBRX ImmunityBio, Inc. 3.9500 +0.9300 (+30.79%)ASTS AST SpaceMobile, Inc. 101.25 +6.03 (+6.33%)NOVO-B.CO Novo Nordisk A/S 384.50 +19.30 (+5.28%)HOOD Robinhood Markets, Inc. 110.35 -9.32 (-7.79%)GS The Goldman Sachs Group, Inc. 975.86 +43.19 (+4.63%)PortfolioSign in to access your portfolioSign inTop gainersFIGR Figure Technology Solutions, Inc. 64.96 +9.14 (+16.37%)ERAS Erasca, Inc. 9.56 +1.25 (+15.04%)GLXY Galaxy Digital 31.99 +3.80 (+13.48%)FLNC Fluence Energy, Inc. 25.50 +2.85 (+12.58%)PEN Penumbra, Inc. 350.49 +37.06 (+11.82%)Top losersRGC Regencell Bioscience Holdings Limited 30.06 -5.11 (-14.53%)RCUS Arcus Biosciences, Inc. 21.79 -2.77 (-11.28%)CRCL Circle Internet Group 76.60 -8.20 (-9.67%)BEAM Beam Therapeutics Inc. 32.05 -3.36 (-9.49%)RDDT Reddit, Inc. 228.75 -23.63 (-9.36%)Most activeNVDA NVIDIA Corporation 187.05 +3.91 (+2.13%)INTC Intel Corporation 48.32 -0.40 (-0.82%)BBAI BigBear.ai Holdings, Inc. 6.17 -0.09 (-1.44%)GRAB Grab Holdings Limited 4.3900 -0.2400 (-5.18%)ONDS Ondas Holdings Inc. 12.82 -0.74 (-5.46%)Top economic eventsEarnings eventsMy earnings eventsEarnings events