NEW BRUNSWICK, N.J., April 26 /PRNewswire-FirstCall/ -- Johnson &
Johnson (NYSE: JNJ) today announced that its Board of Directors has
declared a 10.7% increase in the quarterly dividend rate, from $.375 per
share to $.415 per share. The increase was announced this morning at the
Annual Shareholders Meeting in New Brunswick, N.J.
"In recognition of our solid results in 2006, our strong financial
position, and our confidence in the future of the corporation, the Board
has voted to increase our dividend for the 45th 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 $1.66 per
share compared to the previous rate of $1.50 per share. The next quarterly
dividend is payable on June 12, 2007 to shareholders of record as of May
29, 2007.
Johnson & Johnson is the world's most comprehensive and broadly based
manufacturer of health care products, as well as a provider of related
services, for the consumer, pharmaceutical, and medical devices and
diagnostics markets. The more than 250 Johnson & Johnson operating
companies employ approximately 121,000 men and women in 57 countries and
sell products throughout the world.
SOURCE Johnson & Johnson
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CONTACT:
Media, Jeffrey J. Leebaw, +1-732-524-3350,
+1-732-821-6007, or Bill Price, +1-732-524-6623, cell,
+1-732-668-3735, or Investors, Louise Mehrotra, +1-732-524-6491,
or Stan Panasewicz, +1-732-524-2524, or Lesley Fishman,
+1-732-524-3922, all of Johnson & Johnson
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