NEW BRUNSWICK, N.J., April 24 /PRNewswire-FirstCall/ -- Johnson &
Johnson today announced that its Board of Directors has declared a 10.8%
increase in the quarterly dividend rate, from $.415 per share to $.46 per
share. The increase was announced this morning at the Annual Shareholders
Meeting in New Brunswick, NJ.
"In recognition of our solid results in 2007, our strong financial
position, and our confidence in the future of Johnson & Johnson, the Board
has voted to increase the dividend for the 46th consecutive year," said
William C. Weldon, Chairman and Chief Executive Officer of the Company.
At the new rate, the indicated dividend on an annual basis is $1.84 per
share compared to the previous rate of $1.66 per share. The next quarterly
dividend is payable on June 10, 2008 to shareholders of record as of May
27, 2008.
About Johnson & Johnson
Caring for the world, one person at a time ... inspires and unites the
people of Johnson & Johnson. We embrace research and science -- bringing
innovative ideas, products and services to advance the health and
well-being of people. Our 119,500 employees at more than 250 Johnson &
Johnson companies work with partners in health care to touch the lives of
over a billion people every day, throughout the world.
SOURCE Johnson & Johnson
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