Johnson & Johnson dividend history

Johnson & Johnson's dividend was $5.14 a share in fiscal 2025, up 4.7% on the year before. That was 46.2% of net income. It has raised its dividend per share every year since fiscal 2009, as far back as our figures go.

Dividends, buybacks and capital spending

FY2026 Q3 TTM

Buybacks (TTM): $7.9B
Dividends (TTM): $12.7B
Returned to shareholders: 100%; of free cash flow
Buybacks, last 3 fiscal years: $13.4B
Diluted share count: +0.7%; year over year
Total shareholder yield: 3.1%; dividends 1.9% + buybacks 1.2% of market value
Dividend payout ratio: 79%; of net income paid out
R&D spending: 16.2%; of revenue
Sales & admin spending: 25.7%; of revenue
Days sales outstanding: 70 days; receivables vs revenue

Dividends by fiscal year

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Johnson & Johnson: dividends by fiscal year, annual
Fiscal year	2009Jan 2010	2010Jan 2011	2011Jan 2012	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Jan 2016	2016Jan 2017	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Jan 2021	2021Jan 2022	2022Jan 2023	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Dividend per share	$1.93	$2.11	$2.25	$2.40	$2.59	$2.76	$2.95	$3.15	$3.32	$3.54	$3.75	$3.98	$4.19	$4.45	$4.70	$4.91	$5.14	—
Dividend per share growth	—	+9.3%	+6.6%	+6.7%	+7.9%	+6.6%	+6.9%	+6.8%	+5.4%	+6.6%	+5.9%	+6.1%	+5.3%	+6.2%	+5.6%	+4.5%	+4.7%	—
Dividends paid	5.3	5.8	6.2	6.6	7.3	7.8	8.2	8.6	8.9	9.5	9.9	10.5	11.0	11.7	11.8	11.8	12.4	12.7
Share buybacks	2.1	2.8	2.5	12.9	3.5	7.1	5.3	9.0	6.4	5.9	6.7	3.2	3.5	6.0	5.1	2.4	6.0	7.9
Dividends ÷ net income	43.4%	43.5%	63.6%	60.9%	52.7%	47.6%	53.0%	52.1%	687.9%	62.1%	65.6%	71.2%	52.8%	65.1%	33.5%	84.1%	46.2%	79.0%
Dividends ÷ free cash flow	37.5%	41.5%	54.0%	53.1%	52.7%	51.8%	50.7%	55.5%	50.3%	51.2%	49.8%	51.9%	55.8%	68.0%	64.5%	59.6%	62.9%	61.8%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

October 13, 2026 J&J sets Q4 2026 dividend at $1.34 per share Source

Compare with peers

Head to head: JNJ vs LLY JNJ vs MRK JNJ vs PFE

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Figures from Johnson & Johnson's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Johnson & Johnson.