Today, December 05, 2023, marks an important moment for investors of Johnson & Johnson JNJ. The company will distribute a dividend payout of $1.19 per share, demonstrating an annualized dividend yield of 3.12%. Remember, only shareholders prior to the ex-dividend date on November 20, 2023 are eligible for this payout.
Johnson & Johnson Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-20 | 4 | $1.19 | 3.12% | 2023-10-19 | 2023-11-21 | 2023-12-05 |
| 2023-08-25 | 4 | $1.19 | 3.0% | 2023-07-20 | 2023-08-28 | 2023-09-07 |
| 2023-05-22 | 4 | $1.19 | 2.87% | 2023-04-18 | 2023-05-23 | 2023-06-06 |
| 2023-02-17 | 4 | $1.13 | 2.56% | 2023-01-03 | 2023-02-21 | 2023-03-07 |
| 2022-11-21 | 4 | $1.13 | 2.72% | 2022-10-19 | 2022-11-22 | 2022-12-06 |
| 2022-08-22 | 4 | $1.13 | 2.54% | 2022-07-18 | 2022-08-23 | 2022-09-06 |
| 2022-05-23 | 4 | $1.13 | 2.54% | 2022-04-19 | 2022-05-24 | 2022-06-07 |
| 2022-02-18 | 4 | $1.06 | 2.47% | 2022-01-04 | 2022-02-22 | 2022-03-08 |
| 2021-11-22 | 4 | $1.06 | 2.59% | 2021-10-21 | 2021-11-23 | 2021-12-07 |
| 2021-08-23 | 4 | $1.06 | 2.52% | 2021-07-19 | 2021-08-24 | 2021-09-07 |
| 2021-05-24 | 4 | $1.06 | 2.61% | 2021-04-20 | 2021-05-25 | 2021-06-08 |
| 2021-02-22 | 4 | $1.01 | 2.57% | 2021-01-04 | 2021-02-23 | 2021-03-09 |
With a dividend yield that places it neither at the top nor the bottom, Johnson & Johnson finds itself in the middle among its industry peers, while Organon OGN boasts the highest annualized dividend yield at 9.47%.
Analyzing Johnson & Johnson Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $3.75 to $4.45, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Johnson & Johnson
The earnings chart above shows that from 2019 to 2022, Johnson & Johnson has experienced an increase in their earnings from $8.77 per share to $9.94 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Johnson & Johnson and its implications for shareholders. Presently, the company is distributing a dividend of $1.19 per share, leading to an annualized dividend yield of 3.12%.
With a dividend yield that places it neither at the top nor the bottom, Johnson & Johnson finds itself in the middle among its industry peers, while Organon boasts the highest annualized dividend yield at 9.47%.
The upward trend in dividend per share and earnings per share for Johnson & Johnson from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Johnson & Johnson's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
