Johnson & Johnson is a dividend paying company with a current yield of 3.39% 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
2.4%
Next dividend pay date
04 Jun 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€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: 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)
3.4%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Pharmaceuticals)
2.4%
Analyst forecast in 3 Years (JNJ)
3.6%
Notable Dividend: JNJ's dividend (3.39%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: JNJ's dividend (3.39%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.8%), JNJ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.2%), JNJ's dividend payments are covered by cash flows.