Johnson & Johnson Announces Dividend Increase of 8.2%
NEW BRUNSWICK, N.J., April 25, 2013
NEW BRUNSWICK, N.J., April 25, 2013 /PRNewswire/ --Johnson & Johnson (NYSE:
JNJ)today announced that its Board of Directors has declared an 8.2% increase
in the quarterly dividend rate, from $0.61 per share to $0.66 per share. The
increase was announced this morning at the Annual Meeting of Shareholders in
New Brunswick, NJ.
"In recognition of our strong financial position and confidence in the future
of Johnson & Johnson, the Board has voted to increase the dividend for the
51st consecutive year," said Alex Gorsky, Chairman and Chief Executive Officer
of the Company.
At the new rate, the indicated dividend on an annual basis is $2.64 per share
compared to the previous rate of $2.44 per share. The next quarterly dividend
is payable on June 11, 2013 to shareholders of record as of May 28, 2013. The
ex-dividend date is May 23, 2013.
About Johnson & Johnson
Caring for the world, one person at a time…inspires and unites the people of
Johnson & Johnson. We embrace research and science - bringing innovative
ideas, products and services to advance the health and well-being of people.
Our approximately 128,000 employees at more than 275 Johnson & Johnson
operating companies work with partners in health care to touch the lives of
over a billion people every day, throughout the world.
SOURCE Johnson & Johnson
Contact: Press - Ernie Knewitz, (732) 524-6623, (917) 697-2318 (M), or Al
Wasilewski, (732) 524-1130, (732) 447-5918 (M), Investor Contacts - Louise
Mehrotra, (732) 524-6491, or Stan Panasewicz, (732) 524-2524, or Lesley
Fishman, (732) 524-3922, or Ellen Sipos, (732) 524-3709
Press spacebar to pause and continue. Press esc to stop.