Johnson & Johnson (NYSE:JNJ) announces dividend increase for 62nd consecutive year
In a continued show of financial robustness, Johnson & Johnson (NYSE:JNJ) has declared a 4.2% increase in its quarterly dividend, raising it from $1.19 per share to $1.24 per share.
This adjustment marks the 62nd consecutive year the healthcare giant has increased its dividend, underscoring a long-standing commitment to delivering shareholder value.
The new dividend rate elevates the annual payout to $4.96 per share, up from the previous $4.76 per share.
Johnson & Johnson has scheduled the next quarterly dividend payout for June 4, 2024, with May 21, 2024, set as the record date for shareholders eligible to receive the dividend.
Additionally, the ex-dividend date is announced as May 20, 2024.
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