Johnson & Johnson Declares Dividend, Short Interest Declines

Johnson & Johnson Announces Dividend Amid Positive Investor Sentiment and New Drug Approval

Author's Avatar
Jan 02, 2025
Summary
  • Despite Ongoing Litigation, JNJ Declares $1.24 Per Share Dividend for Q1 2025
  • Short Interest Drops 5.2% as Confidence Grows with European Approval of RYBREVANT® and LAZCLUZE®
Article's Main Image

Johnson & Johnson (JNJ, Financial) Declares a cash payout of $1.24 dividend per share on common stock for first quarter 2025, payable on 4th of March 2025 to shareholders that recorded on 18th of February 2025.

Despite still dealing with ongoing litigation related to its talcum powder that is claimed to cause fatality to a woman, the number of short interests to this pharmaceutical giant dropped by 5.2% per December 2024 indicating approval from investors to JNJ's near future.

The recent investors' confidence is allegedly related to JNJ's newly approved drugs RYBREVANT® (amivantamab) in combination with LAZCLUZE® (lazertinib) by the European Commission for patients with EGFR-mutated advanced non-small cell lung cancer.

1874846280321232896.png

JNJ has strong history of dividend distribution since 1963 with dividend payout ratio of 0.47 that grows at CAGR 5.8% in 5 years. With no dividend payment failures, investors shall consider any occurrences as a buying-the-dip opportunity.

You can make more informed investment decision by visiting GuruFocus now and deep dive into Johnson and Johnson's performance with charts, breakdowns, 30-year financial data, and more!

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure