Full Press Release Details
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