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Johnson & Johnson Raises Quarterly Dividend to $1.34 Per Share
The healthcare giant increases its dividend for the 65th consecutive year.
Apr. 15, 2026 at 12:09pm
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The intricate inner workings of Johnson & Johnson's pharmaceutical production line symbolize the company's industrial prowess and financial stability.New Brunswick TodayJohnson & Johnson (NYSE: JNJ) announced a 3.1% increase to its quarterly dividend, raising it from $1.30 to $1.34 per share. The new dividend will be payable on June 9th to shareholders of record as of May 26th. This marks the 65th consecutive year that Johnson & Johnson has increased its dividend.
Why it matters
Johnson & Johnson's consistent dividend increases over the past six decades demonstrate the company's financial strength and commitment to rewarding shareholders. As a Dividend Aristocrat, Johnson & Johnson's track record of annual dividend hikes is a point of pride and a key part of its investment thesis for many investors.
The details
The new $1.34 quarterly dividend represents an annualized payout of $5.36 per share and a dividend yield of approximately 2.2% based on the company's current stock price. Johnson & Johnson's dividend is well-covered by its expected future earnings, with a projected payout ratio of 47% for the next fiscal year.
- Johnson & Johnson announced the dividend increase on April 14, 2026.
- The new $1.34 quarterly dividend will be payable on June 9, 2026 to shareholders of record as of May 26, 2026.
The players
Johnson & Johnson
A multinational healthcare company headquartered in New Brunswick, New Jersey that develops, manufactures, and markets pharmaceutical, medical device, and consumer health products.
What’s next
Investors will receive the new $1.34 quarterly dividend from Johnson & Johnson on June 9, 2026.
The takeaway
Johnson & Johnson's 65-year track record of annual dividend increases underscores the company's financial stability and commitment to shareholder returns, making it an attractive investment for income-oriented investors.
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