Johnson & Johnson is a dividend paying company with a current yield of 3.38% 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
3.4%
Dividend yield
62%
Payout ratio
Industry average yield
0%
Next dividend pay date
04 Jun 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
CL$7.96
Dividend yield forecast in 3Y
3.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JNJCL's dividends per share have been stable in the past 10 years.
Growing Dividend: JNJCL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Johnson & Johnson Dividend Yield vs Market
How does JNJCL dividend yield compare to the market?
Segment
Dividend Yield
Company (JNJCL)
3.4%
Market Bottom 25% (CL)
0%
Market Top 25% (CL)
0%
Industry Average (Pharmaceuticals)
0%
Analyst forecast in 3 Years (JNJCL)
3.6%
Notable Dividend: JNJCL's dividend (3.38%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.48%).
High Dividend: JNJCL's dividend (3.38%) is low compared to the top 25% of dividend payers in the CL market (12.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.8%), JNJCL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.2%), JNJCL's dividend payments are covered by cash flows.