Johnson & Johnson (NYSE:JNJ – Get Free Report) announced a quarterly dividend on Wednesday, July 15th. Shareholders of record on Tuesday, August 25th will be given a dividend of 1.34 per share on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, August 25th.
Johnson & Johnson has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 64 years. Johnson & Johnson has a dividend payout ratio of 48.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Johnson & Johnson to earn $12.80 per share next year, which means the company should continue to be able to cover its $5.36 annual dividend with an expected future payout ratio of 41.9%.
Johnson & Johnson Stock Up 1.2%
NYSE JNJ opened at $270.69 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. The company has a market cap of $652.34 billion, a price-to-earnings ratio of 31.37, a PEG ratio of 2.58 and a beta of 0.24. The company has a 50 day moving average of $255.08 and a 200-day moving average of $242.72. Johnson & Johnson has a 1-year low of $173.33 and a 1-year high of $276.47.
Johnson & Johnson Company Profile
Johnson & Johnson is a multinational healthcare company headquartered in New Brunswick, New Jersey, that develops, manufactures and markets a broad range of products across pharmaceuticals, medical devices and previously consumer health. Founded in 1886 by the Johnson family, the company has grown into a global healthcare organization with operations and sales in many countries around the world.
The company’s pharmaceuticals business, organized largely under its Janssen research and development organization, focuses on prescription medicines across therapeutic areas such as immunology, infectious disease, oncology and neuroscience.
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