About Johnson & Johnson (JNJ) — Dividend Analysis 2026
Johnson & Johnson is a Dividend King with 62+ years of consecutive dividend increases. A healthcare conglomerate spanning pharmaceuticals, MedTech, and consumer health. JNJ spun off its consumer segment as Kenvue in 2023, focusing on higher-margin pharma and medical devices.
Is JNJ a good dividend investment in 2026?
JNJ offers a 3.36% forward yield with a 55% payout ratio. With a safety score of 95/100, the dividend appears very safe. The 5-year dividend CAGR of 5.8% demonstrates strong, consistent growth that outpaces inflation.
JNJ DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your JNJ portfolio grows to $20.0K vs $18.3K without reinvestment — a DRIP bonus of $1.7K. This is the compound interest effect in action.
JNJ dividend growth history & forecast
JNJ has grown its dividend by 4.2% over the last year and 5.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.36% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 JNJ Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold JNJ.
Gross yield
3.36%
Tax rate
15.00%
After-tax yield
2.86%
Real yield (−CPI)
0.06%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.36%
0.56%
$336 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.86%
0.06%
$286 / yr
🇺🇸 US Taxable (20%)
20%
2.69%
-0.11%
$269 / yr
🇬🇧 UK ISA
0%
3.36%
0.56%
$336 / yr
🇬🇧 UK Taxable
8.75%
3.07%
0.27%
$307 / yr
🇨🇦 TFSA
0%
3.36%
0.56%
$336 / yr
🇨🇦 CA Taxable
25%
2.52%
-0.28%
$252 / yr
🇦🇺 Super (pension)
15%
2.86%
0.06%
$286 / yr
🇦🇺 AU Taxable
30%
2.35%
-0.45%
$235 / yr
🇩🇪 DE Taxable
26.375%
2.47%
-0.33%
$247 / yr
🇫🇷 FR Taxable
30%
2.35%
-0.45%
$235 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 JNJ Income Goal & Break-Even
Dividend Break-Even
20yr
Years for dividends to repay your full JNJ investment price of $147.50/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.6K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$2.2K
How much do I need to invest in JNJ for:
Shares needed
5,693
Capital required
$839,718
Monthly income
$2,000
Based on current dividend of $4.96/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 JNJ Dividend Payment Schedule
JNJ pays quarterly — 4 times per year. Next ex-div: Feb 18, 2026.
Jan
Feb
💰
Mar
Apr
May
💰
Jun
Jul
Aug
💰
Sep
Oct
Nov
💰
Dec
10 shares
$10.54 / payment
$42.16 / year after tax
100 shares
$105.40 / payment
$421.60 / year after tax
1,000 shares
$1054.00 / payment
$4216.00 / year after tax
📊 JNJ vs Healthcare Sector Benchmarks
How JNJ compares to typical Healthcare sector averages.
Dividend YieldJNJ: +3.36% vs sector avg 2.80% ✓ Better
Payout RatioJNJ: 55.00% vs sector avg 55.00% ↓ Below avg
JNJ━━ Healthcare avg: 55.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.