Johnson & Johnson Dividend
Dividend criteria checks 5/6
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 | 2.4% |
| Next dividend pay date | 04 Jun 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$7.96 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Johnson & Johnson (NYSE:JNJ) Will Pay A Larger Dividend Than Last Year At $1.24
Apr 19
Johnson & Johnson: Buy This Bargain Before It's Gone
Apr 18Johnson & Johnson Q1 Earnings Preview: Shockwave Could Be A Good Fit Despite Headwinds
Apr 11With Lawsuit And Medtech Tailwinds - Johnson & Johnson May Be Back
Mar 28Johnson & Johnson: A Clean Bill Of Health
Feb 28Is There An Opportunity With Johnson & Johnson's (NYSE:JNJ) 43% Undervaluation?
Feb 12
Johnson & Johnson: A High-Quality Dividend King Facing Furious Headwinds
Feb 10Johnson & Johnson: Balance Growth Between MedTech And Medicine, Initiate With A 'Buy'
Jan 25Upcoming 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JNJ) | 3.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Pharmaceuticals) | 2.4% |
| Analyst forecast in 3 Years (JNJ) | 3.6% |
Notable Dividend: JNJ's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: JNJ's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (4.74%).
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.