Johnson & Johnson Announces Dividend Increase of 6.6%

Rhea-AI Summary

Johnson & Johnson (NYSE: JNJ) has declared a 6.6% increase in its quarterly dividend, raising it from $1.06 to $1.13 per share. This marks the 60th consecutive year of dividend increases, reflecting the company's strong financial position and future confidence. The annual dividend now stands at $4.52 per share, up from $4.24. Shareholders can expect the next dividend payment on June 7, 2022, with the record date on May 24, 2022 and ex-dividend date on May 23, 2022.

Positive

• 6.6% increase in quarterly dividend from $1.06 to $1.13.
• 60 consecutive years of dividend increases.
• Annual dividend increased from $4.24 to $4.52.

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• None.

NEW BRUNSWICK, N.J., April 19, 2022 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced that its Board of Directors has declared a 6.6% increase in the quarterly dividend, from $1.06 per share to $1.13 per share.

"In recognition of our 2021 results, strong financial position, and confidence in the future of Johnson & Johnson, the Board of Directors has voted to increase the quarterly dividend for the 60th consecutive year," said Joaquin Duato, Chief Executive Officer of the company.

At the new rate, the indicated dividend on an annual basis is $4.52 per share compared to the previous rate of $4.24 per share. The next quarterly dividend is payable on June 7, 2022 to shareholders of record as of the close of business on May 24, 2022. The ex-dividend date is May 23, 2022.

About Johnson & Johnson
At Johnson & Johnson, we believe good health is the foundation of vibrant lives, thriving communities and forward progress. That's why for more than 130 years, we have aimed to keep people well at every age and every stage of life. Today, as the world's largest and most broadly-based health care company, we are committed to using our reach and size for good. We strive to improve access and affordability, create healthier communities, and put a healthy mind, body and environment within reach of everyone, everywhere. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity.                              

 

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SOURCE Johnson & Johnson

FAQ

What is the new dividend amount for JNJ announced on April 19, 2022?

The new dividend amount for JNJ is $1.13 per share.

When is the next dividend payment for JNJ?

The next dividend payment for JNJ is on June 7, 2022.

What is the record date for the upcoming JNJ dividend?

The record date for the upcoming JNJ dividend is May 24, 2022.

How much has JNJ increased its annual dividend?

JNJ has increased its annual dividend from $4.24 to $4.52.

How long has JNJ been increasing its dividend?

JNJ has been increasing its dividend for 60 consecutive years.