Johnson & Johnson Declares Dividend for Q1

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Click Here Now

Johnson & Johnson (NYSE: JNJ ) has declared a dividend of $0.61 per share of common stock for its first quarter, the company announced in an official press release. The dividend will be disbursed on March 12 to shareholders of record as of the end of Feb. 26. The stock goes ex-dividend on Feb. 22.

The company's dividend policy has been steady since May of last year, when its quarterly payout was raised to $0.61 from the previous $0.57.

Although Johnson & Johnson has had some success recently, most notably with the Food and Drug Administration's approval of its tuberculosis drug Sirturo, it was plagued with a series of product recalls in 2012.

More Expert Advice from The Motley Fool

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.