NEW BRUNSWICK, N.J.,
April 25, 2019 /PRNewswire/
-- Johnson & Johnson (NYSE: JNJ) today announced that its
Board of Directors has declared a 5.6% increase in the quarterly
dividend rate, from $0.90 per share
to $0.95 per share. The
increase was announced this morning at the Annual Meeting of
Shareholders in New Brunswick,
N.J.
"In recognition of our 2018 results, strong financial position
and confidence in the future of Johnson & Johnson, the Board
has voted to increase the quarterly dividend for the 57th
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
$3.80 per share compared to the
previous rate of $3.60 per
share. The next quarterly dividend is payable on June 11, 2019 to shareholders of record as of the
close of business on May 28, 2019.
The ex-dividend date is May 24,
2019.
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