Today Johnson & Johnson (JNJ) announced a 7.1% increase in its quarterly dividend. The dividend is raised from $0.70 to $0.75. The forward yield is now right around 3.00%. The dividend pay date is June 9, 2015 to shareholders of record on May 26, 2015. The ex dividend date is June 21, 2015.
The new dividend amount represents an annualized dividend amount of $3.00 per share, up from $2.80.
Since my Vrijheid Fonds consist of 30 shares of JNJ, my annual dividends will increase by $5.10 (after taxes). My annual total amount from my shares of JNJ will be $76.50 (after taxes).
Cheers,
Pollie
I’m very happy with the increase and I’m glad I recently purchased more shares. I’m also looking forward to increases from the likes of PEP, CVX and XOM.
Congrats.
I’m also looking forward CVX increase
Pollies,
You’re damn right they increased their yield! Loving it. I know you’re excited for CVX this week — IBM for me is on Tuesday, I believe ; )
-Lanny
Hello Lanny,
Thanks for stopping by. A raise is always welcome 😀
Yes i’m excited for CVX.
Lets hope CVX and IBM will positively surprise us!
Cheers,
Pollie
And yet another reason why I love JNJ! 😉
Cheers!
Mike
You gotta love it!