NEW BRUNSWICK, N.J.,
April 28, 2016 /PRNewswire/
-- Johnson & Johnson (NYSE: JNJ) today announced that its
Board of Directors has declared a 6.7% increase in the quarterly
dividend rate, from $0.75 per share
to $0.80 per share. The
increase was announced this morning at the Annual Meeting of
Shareholders in New Brunswick,
N.J.
"In recognition of our 2015 results, strong financial position
and confidence in the future of Johnson & Johnson, the Board
has voted to increase the quarterly dividend for the 54th
consecutive year," said Alex Gorsky,
Chairman and Chief Executive Officer of the company.
At the new rate, the indicated dividend on an annual basis is
$3.20 per share compared to the
previous rate of $3.00 per
share. The next quarterly dividend is payable on June 7, 2016 to shareholders of record as of the
close of business on May 24, 2016.
The ex-dividend date is May 20,
2016.
About Johnson & Johnson
Caring for the world, one person at a time…inspires and unites the
people of Johnson & Johnson. We embrace research and science -
bringing innovative ideas, products and services to advance the
health and well-being of people. Our approximately 127,500
employees at more than 250 Johnson & Johnson operating
companies work with partners in health care to touch the lives of
over a billion people every day, throughout the world.
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SOURCE Johnson & Johnson