Tuesday, April 15, 2025

Dividend Increase - Johnson & Johnson (JNJ)

 



On Tuesday, April 15th the Board of Directors of Johnson & Johnson (JNJ) announced a quarterly dividend increase of from $1.24 to $1.30 per share, that’s payable June 10, 2025 to holders of record May 27, 2025.. This represents a 4.84% increase over the last quarterly dividend.


Johnson & Johnson has increased its dividend for 63 consecutive years.


At the current price of $155.70 (today's open), this increase will raise JNJ's dividend yield to 3.34%.



Johnson & Johnson is a Dividend Champions with a 63 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 4.5, 5.4, 5.5 and 5.9 (Dividend Champions.xls)




As an owner of 60 shares of JNJ, the recent dividend increase adds $10.73 to my projected annual net dividend income.


I was expecting an increase of about 3%, so the announced raise was slightly above my expectations—and I'm happy to accept it.


This recent dividend increase marks the 11th consecutive raise I’ve received from JNJ since I acquired my shares in February 2015. Over this period, JNJ’s quarterly dividend has grown in line with expectations from $0.66 to $1.30. per share, reflecting a 97% increase.


The moment of writing, JNJ’s weight of my portfolio is about 1.21% and its share of future annual dividend income is approximately 0.91%.


Following this increase, my yield on cost is 5.32%.



Summary of 2025 Dividend Increases / Cuts



Click here to see my portfolio holdings.


You can follow the development of my dividends here.


Full Disclosure: Long JNJ


Thanks for stopping by!


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