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Johnson & Johnson increases dividend


Published : Thu, 26 Apr 2007 16:55
By : Agencies
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NEW BRUNSWICK, N.J. (AP) - Health care products maker Johnson & Johnson on Thursday increased its regular quarterly dividend by 4 cents, or 10.7 percent, to 41.5 cents.

The company will pay the dividend on June 12 to shareholders of record May 29.

Shares of Johnson & Johnson fell 40 cents to $64.28 in morning trading on the New York Stock Exchange.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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