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JNJ Johnson and Johnson

148.54
-0.73 (-0.49%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Johnson and Johnson NYSE:JNJ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.73 -0.49% 148.54 150.05 147.91 149.67 5,043,334 01:00:00

Johnson & Johnson Lifts Dividend

23/04/2015 6:26pm

Dow Jones News


Johnson and Johnson (NYSE:JNJ)
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Johnson & Johnson said it is lifting its quarterly dividend 7.1%.

The increase is "in recognition of our 2014 results, strong financial position and confidence in the future of Johnson & Johnson," said Chief Executive Alex Gorsky.

The increased dividend, to 75 cents a share from 70 cents a share, is payable on June 9 to shareholders of record as of the close of business on May 26, the company said.

Last week, the heath-care giant reported an 8.6% decline in first-quarter profit on a 4.1% sales drop and cut its outlook because of a stronger U.S. dollar and weak medical-device sales. Like many companies that do significant business outside of the U.S., J&J has felt the pressure of a currency that makes its products more expensive abroad.

J&J shares, down 4% this year, were little changed in recent trading.

Write to Lisa Beilfuss at lisa.beilfuss @wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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