Johnson & Johnson Hikes Quarterly Dividend 7 Percent

April 23, 2015 3:33 PM

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Johnson & Johnson is hiking its quarterly dividend by 7 percent, from 70 cents per share to 75 cents per share.

The board of directors of the world's biggest maker of health care products approved the increase. It was announced at Johnson & Johnson's annual meeting in New Brunswick, New Jersey, where J&J is based.

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