J&J Q1 - Increasing Their Dividend
Yesterday Johnson and Johnson released their Q1 numbers before the US market opened. The stock finished yesterday 4.5% higher. The first number that you need to know is that they increased their dividend by 6.5%. In the current environment where some companies are suspending their dividend, J&J is increasing theirs. This shows the strength of their balance sheet, and it is a very strong signal from management about their expectations for the future of the company.