Dividend Aristocrat Johnson & Johnson Declares Fresh Dividend; Yield Is 2.7%

In keeping with a very long-standing habit, Johnson & Johnson's (NYSE: JNJ) board has declared a new quarterly common stock dividend. The durable healthcare and consumer goods company announced Monday that it will pay $1.01 per share on Sept. 8. Stockholders of record as of Aug. 25 will be eligible for the distribution.

On Monday's closing share price, the dividend yields 2.7%.

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Source Fool.com