Johnson & Johnson declares $0.70 dividend


Johnson & Johnson (JNJ) declares $0.70/share quarterly dividend, 6.1% increase from prior dividend of $0.66.

Forward yield 2.81%

Payable June 10; for shareholders of record May 27; ex-div May 23.

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Comments (11)
  • mbn
    , contributor
    Comments (865) | Send Message
     
    Another annual increase - like clockwork!!
    24 Apr 2014, 11:00 AM Reply Like
  • viperman
    , contributor
    Comments (314) | Send Message
     
    A little on the low side, but I'll take it.
    24 Apr 2014, 11:04 AM Reply Like
  • User 509088
    , contributor
    Comments (1673) | Send Message
     
    no split. dang! I guess we'll have to wait until june.
    24 Apr 2014, 11:26 AM Reply Like
  • Mike Serebrennik
    , contributor
    Comments (1199) | Send Message
     
    I was hoping for the new amount of $0.72, which would still have been less than a 10% increase. This increase IS on the low side.
    24 Apr 2014, 11:34 AM Reply Like
  • ThetaDecay
    , contributor
    Comments (103) | Send Message
     
    The 3-year compounded annual growth rate is only 6.92%. 6.1% is a little low, but it's not a deal breaker for me. In other areas, the company looks very strong.
    24 Apr 2014, 12:42 PM Reply Like
  • Jake1982
    , contributor
    Comments (93) | Send Message
     
    I was disappointed for a second until I remembered I couldn't ever remember getting a 6% annual pay raise.
    24 Apr 2014, 01:17 PM Reply Like
  • maybenot
    , contributor
    Comments (6494) | Send Message
     
    Jake -- good one.

     

    And 6.1% instead of say 8.1 or 9.1%? -- it's still JNJ.

     

    Long JNJ
    24 Apr 2014, 02:28 PM Reply Like
  • jayridescarbon
    , contributor
    Comments (349) | Send Message
     
    While I appreciate the increase, it is a bit disappointing. Considering the run up in stock price with the resulting low current yield (2.6) versus their 5 year average yield (3.1) along with the flurry of articles gushing over JNJ's business execution, drug pipeline, etc. lately, I expected a higher increase.

     

    I remain long JNJ and it would take a lot more than a low increase to pry any shares from me, but still a bit disappointing.
    24 Apr 2014, 06:25 PM Reply Like
  • GregT
    , contributor
    Comments (694) | Send Message
     
    It was definitely a pretty stingy dividend increase. At the new rate JNJ will have a payout ratio of 47.6%. Had they given us a 20 cent increase rather than the 16 they gave, the payout ratio would have risen to 48.2%. Still a very conservative payout ratio yet a much better rewarded group of investors.
    24 Apr 2014, 08:42 PM Reply Like
  • BAHAMAS1
    , contributor
    Comments (5094) | Send Message
     
    Imo, the only thing that they can justify such a cheap div increase (especially after the $4B cash sale) would be that they announce a MAJOR buyback.
    24 Apr 2014, 10:07 PM Reply Like
  • Tradevestor
    , contributor
    Comments (5011) | Send Message
     
    Here is a quick analysis http://seekingalpha.co...
    25 Apr 2014, 08:27 AM Reply Like
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