Polliesdividend

Dividend increase Johnson & Johnson (JNJ)

Today Johnson & Johnson announced a 6.7% increase in its quarterly dividend. The dividend is raised from $0.75 to $0.80. The dividend pay date is June 7, 2016 to shareholders of record on May 24, 2016 (ex dividend May 20, 2016).

CEO Alex Gorsky ā€œIn recognition of our 2015 results, strong financial position and confidence in the future of Johnson & Johnson, the Board has voted to increase the quarterly dividend for the 54th consecutive year ā€

The new dividend amount represents an annualized dividend amount of $3.20 per share, up from $3.00. The dividend yield on current price is 2.85%.

My Vrijheid Fonds consist of 30 shares of JNJ, so in 2016 my passive income will increase by $3.83 (after taxes).

My projected annual total amount from my shares of JNJ will be $81.60 after taxes.

This is the 12th dividend increase for my Vrijheid Fonds in 2016. I love it!

Cheers,

Pollie

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8 thoughts on “Dividend increase Johnson & Johnson (JNJ)

  1. Willem

    Hi Pollie,

    We are both at the same path.
    A lot of companies that you have in your portfolio are the same I have.
    Every time when dividends are increased means that we follow the right companies.
    Where do you live in Holland?
    Kind regards/ groeten

    Willem

  2. Willem

    Pollie,

    I have 12 the same stocks in my portfolio.
    In total I have 22 stocks which I follow.
    Regards / groeten

    Willem

      1. Willem

        Pollie,
        Can I send you a personal Email with my list of stocks and the way I decide to buy.
        Regards/Groeten
        Willem

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