How to Buy Johnson & Johnson Stock



Johnson & Johnson (NYSE: stock symbol JNJ) is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500.

Johnson & Johnson consistently ranks at the top of Harris Interactive National Corporate Reputation Survey, ranking as the world’s most respected company by Barron’s Magazine, and was the first corporation awarded the Benjamin Franklin Award for Public Diplomacy by the U.S. State Department for its funding of international education programs.

The corporation’s headquarters is located in New Brunswick, New Jersey, United States with the consumer division being located in Skillman, New Jersey. The corporation includes some 250 subsidiary companies with operations in over 57 countries and products sold in over 175 countries. Johnson & Johnson had worldwide pharmaceutical sales of $24.6 billion for the calendar year of 2008.

Johnson & Johnson’s brands include numerous household names of medications and first aid supplies. Among its well-known consumer products are the Band-Aid Brand line of bandages, Tylenol medications, Johnson’s baby products, Neutrogena skin and beauty products, Clean & Clear facial wash and Acuvue contact lenses.

What is Johnson & Johnson Stock worth Today?

Johnson & Johnson’s share price is currently trading in the $65 range which gives them a market cap of around $177 billion, ranking them in the top 25 largest companies in the world in terms of market cap.

Johnson & Johnson Stock History Chart

Johnson & Johnson Stock Price History

As with all publically listed companies, Johnson & Johnson suffered a fall in share price during the worst of the last recession. This fall wasn’t as bad as some companies suffered however, the price only dropped by around 15%; compare that with some banks that lost over 75% during the same period.

Since then the price has rebounded and is currently trading just below pre-recession levels. This isn’t really surprising since most of Johnson & Johnson’s products are necessities rather than luxuries. This performance shows the resilience of the company, to perform well, even when the world is collapsing around them.

Johnson & Johnson Stock Split History

Johnson & Johnson have split six times since becoming a public company. The first split was a 2:1 split and took place on May 18, 1970 with the stock trading at 140.00 the previous day and closed at 47.25 the day after, resulting in a profit of 1.25%.

The second split was a 3:1 split and took place on May 19, 1981 with the stock trading at 108.00 the previous day and closed at 36.38 the day after, resulting in a profit of 1.06%.

The third split was a 2:1 split and took place on May 11, 1989 with the stock trading at 95.75 the previous day and closed at 47.50 the day after, resulting in a loss of -0.78%.

The fourth split was a 2:1 split and took place on Jun 10, 1992 with the stock trading at 90.25 the previous day and closed at 44.00 the day after, resulting in a loss of -2.49%.

The fifth split was a 2:1 split and took place on Jun 12, 1996 with the stock trading at 100.00 the previous day and closed at 50.00 the day after, resulting in neither a profit nor a loss.

The sixth and final split was a 2:1 split and took place on Jun 13, 2001 with the stock trading at 101.80 the previous day and closed at 50.71 the day after, resulting in a loss of -0.37%.

When Will Johnson & Johnson Stock Split Again?

With Johnson & Johnson currently trading around 65.00, a split would seem to be a long way off. I would expect a further split to take place when the stock reaches around $150.00.

Does Johnson & Johnson Stock Pay a Dividend?

Johnson & Johnson pays a quarterly dividend which in the last twelve months amounted to an annual yield of 3.5%. This is quite low for a pharmaceuticals company but its well above what most other industries are paying at the moment.

Should You Invest in Johnson & Johnson Stock?

Are Johnson & Johnson a good buy right now? Well they’re not exactly undervalued, but they are a solid performer. This is a stock to hold, not for exceptional growth but steady growth along with a healthy dividend return. Investing money in Johnson & Johnson is a bit like having money in the bank, you know it’s safe.

Long term they’re not going to see stratospheric growth but they should be good for 10% or so once the economy has fully recovered. Like I said not a stellar return but don’t forget about that dividend.

If you want to invest in Johnson & Johnson shares, make sure you get the best deal by checking out our list of top 4 online discount brokers.




Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright 2008 - 2011 - howtotradestocks.org - All Rights Reserved

Discount Stock Brokers | Compare Online Brokers | Penny Stock Brokers | Sitemap | Privacy/Affiliate