Johnson & Johnson is a dividend paying company with a current yield of 3.25% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 20th May, 2024.
Key information
3.2%
Dividend yield
69%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
04 Jun 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
AR$7.09
Dividend yield forecast in 3Y
3.4%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JNJ's dividends per share have been stable in the past 10 years.
Growing Dividend: JNJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Johnson & Johnson Dividend Yield vs Market
How does JNJ dividend yield compare to the market?
Segment
Dividend Yield
Company (JNJ)
3.2%
Market Bottom 25% (AR)
0.8%
Market Top 25% (AR)
2.6%
Industry Average (Pharmaceuticals)
2.2%
Analyst forecast in 3 Years (JNJ)
3.4%
Notable Dividend: JNJ's dividend (3.25%) is higher than the bottom 25% of dividend payers in the AR market (0.84%).
High Dividend: JNJ's dividend (3.25%) is in the top 25% of dividend payers in the AR market (2.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.3%), JNJ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.5%), JNJ's dividend payments are covered by cash flows.