Johnson & Johnson: $JNJ Announces Dividend Increase of 5.6%
NEW BRUNSWICK, N.J., April 28, 2011 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced that its Board of Directors has declared a 5.6% increase in the quarterly dividend rate, from $0.54 per share to $0.57 per share. The increase was announced this morning at the Annual Meeting of Shareholders in New Brunswick, NJ.
At the new rate, the indicated dividend on an annual basis is $2.28 per share compared to the previous rate of $2.16 per share. The next quarterly dividend is payable on June 14, 2011 to shareholders of record as of May 31, 2011.