Johnson & Johnson announced a regular quarterly dividend of $0.80, a 7 percent increase from the prior rate of $0.75 per share. The dividend will be paid at the new higher rate on June 7, 2016, to shareholders of record at close of business on May 24, 2016. Johnson & Johnson is a member of the Top 100 dividend growth candidates.
Analysis of Valuation of Johnson & Johnson (Symbol JNJ).
Johnson & Johnson is trading at the top of its average price/sale (P/S) range. Johnson & Johnson is trading below its average historical dividend yield.
|Price 4/29/16||% Yield||5 Year Div. Growth Rate||SPS 2016||P/S Ratio||10 yr P/S Low||10 yr P/S High||5 yr max Yield %||5 yr lowest Yield %|
Johnson & Johnson Dividend Yield Chart (Click to enlarge)
Explanation: Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks. Max P/S price target is based upon company reaching its highest historical P/S ratio. Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years. Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles