Full Press Release Details
NEW BRUNSWICK, N.J. , April 24, 2014 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ ) today announced that its Board of Directors has declared a 6.1% increase in the quarterly dividend rate, from $0.66 per share to $0.70 per share. The increase was announced this morning at the Annual Meeting of Shareholders in New Brunswick, NJ .
"In recognition of our 2013 results, strong financial position and confidence in the future of Johnson & Johnson, the Board has voted to increase the dividend for the 52nd 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 $2.80 per share compared to the previous rate of $2.64 per share. The next quarterly dividend is payable on June 10, 2014 to shareholders of record at the close of business on May 27, 2014 . The ex-dividend date is May 22, 2014 .
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 128,300 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