J&J Raises Dividend 5.6%

This is JNJ’s 49th-straight yearly increase. The dividend will increase from 54 cents per share to 57 cents per share. I predicted an increase of two or three cents per share. Based on yesterday’s close, JNJ now yields 3.49%.

If you had bought JNJ 20 years ago, you’d currently be yielding over 19%.

Posted by on April 29th, 2011 at 3:17 pm

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