NEW BRUNSWICK, N.J.,
April 14, 2020 /PRNewswire/ --
Johnson & Johnson (NYSE: JNJ) today announced that its
Board of Directors has declared a 6.3% increase in the quarterly
dividend rate, from $0.95 per share
to $1.01 per share.
"In recognition of our 2019 results, strong financial position
and confidence in the future of Johnson & Johnson, the Board
has voted to increase the quarterly dividend for the 58th
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
$4.04 per share compared to the
previous rate of $3.80 per
share. The next quarterly dividend is payable on June 9, 2020 to shareholders of record as of the
close of business on May 26, 2020.
The ex-dividend date is May 22,
2020.
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