Johnson & Johnson (JNJ) Raises Quarterly Dividend 5% to $1.06; 2.6% Yield

Johnson & Johnson (NYSE: JNJ) declared a quarterly dividend of $1.06 per share, or $4.24 annualized. This is a 5% increase from the prior dividend of $1.01.

The dividend will be payable on June 8, 2021, to stockholders of record on May 25, 2021, with an ex-dividend date of May 24, 2021.

The annual yield on the dividend is 2.6 percent.

"Despite a year of unprecedented disruption, Johnson & Johnson remained committed to its established financial principles that strengthen our ability to drive long-term value for stakeholders. In recognition of our notable 2020 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 59th consecutive year," said Alex Gorsky, Chairman and Chief Executive Officer of the company.

For a dividend history and other dividend-related data on Johnson & Johnson (JNJ) click here.

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