Johnson & Johnson Has Declared 4.2% Increase In Quarterly Dividend, From $1.19 Per Share To $1.24 Per Share
Portfolio Pulse from Benzinga Newsdesk
Johnson & Johnson announced a 4.2% increase in its quarterly dividend, raising it from $1.19 to $1.24 per share, payable on June 4, 2024, to shareholders of record as of May 21, 2024, with an ex-dividend date of May 20, 2024.
April 16, 2024 | 10:29 am
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Johnson & Johnson has increased its quarterly dividend to $1.24 per share, a 4.2% rise, effective June 4, 2024, for shareholders on record by May 21, 2024.
Dividend increases are typically viewed positively by the market as they signal confidence in the company's financial health and future prospects. This increase in Johnson & Johnson's dividend is likely to be seen as a strong signal of its ongoing financial strength and commitment to returning value to shareholders, potentially leading to a positive short-term impact on its stock price.
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IMPORTANCE 90
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