Johnson & Johnson Declares Fresh Dividend; Yield Is 2.6%
The beginning of the year is full of signature events. For many income investors, Johnson & Johnson's (NYSE: JNJ) first dividend declaration is one of them -- the pharmaceutical giant reliably declares a payout on or near the first trading day of a new year.
For 2021, that event occurred right on schedule: On Monday, Johnson & Johnson's board of directors announced that its next quarterly payout will be $1.01 per share. It will be dispensed on March 9 to stockholders of record as of Feb. 23. At the current share price, that amount would provide an annualized yield of 2.6%.
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Source Fool.com
