Today J&J announced an amazingly healthy raise of 7.1% despite currency headwinds. The raise is a quarterly dividend increase of 0.70 to 0.75 dollars. The new yield is around 3.0% now. J&J is one of my favorite stocks. This picture of dividend increases shows why:
This will be the 53rd straight year of dividend increases! All of my JNJ dividends are reinvested.
Young Dividend,
ReplyDeleteThis dividend raise was amazing for JNJ. Glad to be a fellow shareholder in JNJ with you!
Regards,
F2R30