Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.
It makes no sense to discuss the abstract amount of dividends for the period in isolation of the company's financial indicators, business development prospects, payment history, and current share price. It is important to analyze and understand the reasons for dividend payments and to be skeptical about an unusually high dividend yield. This may be a one-off exceptional case. You will find information about dividends, historical dividend yield, and recovery of the stock price after Johnson & Johnson made payouts below.
Last updated dividend data: 18 Oct 22:48
Previous / Next Dividends
On this page, you can find information about the latest dividend payment by Johnson & Johnson company and the forthcoming one. Sometimes the information about the future might be not yet available since the dividends have not been declared or approved. In this case, we will share a forecast — but only if we have such data (you can also check this information in the DivPort section). In the right part, you can calculate how much you would earn in dividends if you had a certain number of shares.
|Dividend||1.01 USD||1.01 USD|
*The forecast is calculated using a simple algorithm. The A2 Finance team consists of one person, please treat the situation with understanding.
|Dividend||1.01 USD||1.01 USD|
|Earnings||101.00 USD||101.00 USD|
The dividend payment history is important to analyze when compiling an investment portfolio from which an investor seeks to receive regular income. If the company can make stable payments, this is an indicator that the company is in a good state of affairs. It may happen that the management and the main business owners refuse to pay dividends and instead opt to distribute profits in order to reduce credit commitments or invest in new projects. But the existence of a stable payout history of increasing dividends is a feather in the company's cap. Some issuers pay dividends 2 times a year or even quarterly, which creates a constant cash flow for shareholders. This additionally bolsters the stock price. The dividend payment statistics and the amount of these payments by Johnson & Johnson are presented in the table and graph below.
Statistics for 5 years: 2015-2020
|Frequency of payments, how many times a year||4.0|
|Duration of growth, the number of years||5.0|
|Stability of the payments||100 %|
|Stability of dividend growth||100 %|
|Dividend growth, simple||27.12 %|
|Dividend growth, CAGR||4.92 %|
|Average dividends per year||$3.34|
|Average dividend yield||0.68 %|
|Average dividend yield per year||2.75 %|
|Declared Date||Ex-Dividend Date||Record date||Pay Date||Frequency||Payout Amount||Yield|
Stock Price Recovery History
To receive dividends, you must be a company shareholder as of a certain date as determined by the company's Board of Directors. This date is the closing of the shareholder register book or the “dividend cut-off”. On the day following the cut-off, the stock price falls by about the amount of the declared dividend. This is the "dividend gap". Investors are always interested in the following question: how quickly will the company's shares recover from this drop? The more frequently the company pays dividends, the faster the stock price recovers. Many factors influence how quickly the dividend gap is bridged: the news that is released by the company, its expected reporting figures, the purchase/sale of shares by the company's management and large owners, industry events, etc. Historical data about how quickly the Johnson & Johnson share price has recovered in the past are presented in the table below:
|Ex-Dividend Date||Payout Amount||Stock Price||Days Taken For Stock Price to Recover|
Historical Annual Dividend Data & Growth
When selecting shares for purchase, investors are interested in how do company managers and major shareholders view the payment of dividends. Were dividends paid in previous years, and, if so, then to what extent? What was the dividend yield, i.e., the ratio of the amount of the dividend and stock price at the time of payment? Is there a tendency to increase the amount of the dividend both in absolute terms and as a % from year to year? For the investor, this is a guarantee of the company's reliability and a demonstration of its stability. If the company has paid dividends over the course of many years, the amounts of payments will increase. This establishes trust with shareholders, and it has a positive effect on the overall image of the company. The table below shows the payment history and dividend yield for Johnson & Johnson:
|Year||Last Stock Price||Avg stock price||Dividend Sum||Dividend Yield (at avg price)||Dividend Yield (at last price)|