Monday, April 27, 2009

J&J raises dividend for '09

In these tight economic times, global healthcare firm Johnson & Johnson (JNJ) has raised their dividend by 6.5% right on schedule. J&J's 2008 raise was by 10.8%.

Below is their recent annual dividend payment history:
2005 - $1.275
2006 - $1.455
2007 - $1.620
2008 - $1.795
2009 - $1.96 (est.)

This represents a compound growth rate of the dividend of 11.3%.

1 comment:

Dividend Growth Investor said...

I am very happy that JNJ raised their dividend this year. However this looks like the first single digit increase in dividends since at least 1986.. I guess JNJ can't possibly grow at 15% forever..