Thursday, April 28, 2011

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.

Source - press release

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