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!