Johnson & Johnson Raises Quarterly Dividend by 6.3%
April 14 2020 - 7:12AM
Dow Jones News
By Colin Kellaher
Johnson & Johnson Tuesday said its board raised the
quarterly dividend by 6.3% to $1.01 from 95 cents.
The new payout, equal to $4.04 a year, represents an annual
yield of about 2.89% based on Monday's closing price of $139.77, up
from 2.72%.
The New Brunswick, N.J., company said the increased dividend is
payable June 9 to shareholders of record May 26.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 14, 2020 06:57 ET (10:57 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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