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Johnson & Johnson Announces Dividend Increase of 10.7%


WEBWIRE

New Brunswick, NJ (April 26, 2007) -- Johnson & Johnson today announced that its Board of Directors has declared a 10.7% increase in the quarterly dividend rate, from $.375 per share to $.415 per share. The increase was announced this morning at the Annual Shareholders Meeting in New Brunswick, NJ.

“In recognition of our solid results in 2006, our strong financial position, and our confidence in the future of the corporation, the Board has voted to increase our dividend for the 45th consecutive year,” said William C. Weldon, Chairman and Chief Executive Officer of the Company.

At the new rate, the indicated dividend on an annual basis is $1.66 per share compared to the previous rate of $1.50 per share. The next quarterly dividend is payable on June 12, 2007 to shareholders of record as of May 29, 2007.



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