Johnson & Johnson
JNJ55 yrs growthHealthcare · Stock · quarterly payer
Forward Yield
2.05%
Annual Dividend
$5.36
Payout Ratio
61%
5-Yr Growth
5.2%
Ex-Date
Aug 25, 2026
Frequency
Quarterly
Summary
As of August 2026, Johnson & Johnson (JNJ) yields 2.05% ($5.36 per share annually), with a blended fair-value estimate of $230.14 — -11% downside, so it screens as fairly valued. Dividend safety grade: A (93/100). 55 years of dividend growth.
Is JNJ a good dividend stock?
YesJohnson & Johnson (JNJ) pays a quarterly dividend yielding 2.05% ($5.36/yr), with 55 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend King — 55 straight years of increases
- Never cut its dividend on record
- Strong 5.2% 5-yr dividend growth
- 50% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.05%
- Payout Ratio
- 61%
- Annual Dividend
- $5.36
- 5-Yr Avg Growth
- 5.2%
- Ex-Dividend Date
- Aug 25, 2026
- Years of Growth
- 55
- Frequency
- quarterly
- Beta
- 0.23
- Market Cap
- $626.1B
- P/E Ratio
- 30.4
- 5-Yr Total Return
- 50%
- 52-Week Range
- $171.81 – $274.90
- Dividend Safety
- A · 93/100
- Ever Cut?
- No
Frequently Asked Questions
JNJ Price — Last 12 Months
Daily close
Price Return
1 Year
+46%
3 Years
+60%
5 Years
+50%
52-Week Range
$171.81 – $274.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JNJ worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Johnson & Johnson is $230.14 per share, versus a market price of $259.24. That implies the stock is roughly fairly priced.
Fair Value
$230.14
Current Price
$259.24
Gap
-11%
Margin of Safety
-13%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 11.7% annual free-cash-flow growth. We model 11.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 11.3% stage-1 growth, 2.5% terminal growth, $8.63 EPS, $5.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JNJ Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 26, 2026 | — | $1.3400 | regular |
| Feb 24, 2026 | — | $1.3000 | regular |
| Nov 25, 2025 | — | $1.3000 | regular |
| Aug 26, 2025 | — | $1.3000 | regular |
| May 27, 2025 | — | $1.3000 | regular |
| Feb 18, 2025 | — | $1.2400 | regular |
| Nov 26, 2024 | — | $1.2400 | regular |
| Aug 27, 2024 | — | $1.2400 | regular |
| May 20, 2024 | — | $1.2400 | regular |
| Feb 16, 2024 | — | $1.1900 | regular |
| Nov 20, 2023 | — | $1.1900 | regular |
| Aug 25, 2023 | — | $1.1900 | regular |
| May 22, 2023 | — | $1.1900 | regular |
| Feb 17, 2023 | — | $1.1300 | regular |
Income Calculator
At $5.36 / yr per share
