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Johnson & Johnson Announces Dividend Increase Of 7.0%
Johnson & Johnson announced that its Board of Directors have declared a 7.0% increase in the quarterly dividend rate, from $0.57 per share to $0.61 per share. The increase was announced this morning at the Annual Meeting of Shareholders in New Brunswick, NJ. At the new rate, the indicated dividend on an annual basis is $2.44 per share compared to the previous rate of $2.28 per share. The next quarterly dividend is payable on June 12, 2012 to shareholders of record as of May 29, 2012.
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