A bunch of us had this dividend discussion at dinner Saturday.3 for $.65... with 1 vote for $.66
Check dividend history...always 3 or 4 cents.
BOD meets on the 8th or 9th to decide on this and other annual mwwting details.
One argument for raising it higher may be that Analysts are upping JNJ stock price forecast to upper $80's to low 90's. Dividend would have be raised high enough for yield to be over 3% for the whole year.
Kramer just re-iterated his split the company in 2 rant...too complicated IMO
This is my 13th year posting on Yahoo...any old longs left from 2000? We deserve this bull run...its been
a long road...just don't say "split"...jinx not needed here!
I would guess it would be increased by a more modest amount, for two reasons. FIrst, they've been increasing it more than profits have gone up while the stock stagnated. That has to stop at some point, and second, the fact that the stock's risen so much allows them the goodwill to slow the dividend increase this time.