These are today's dividend updates by The Dynamic Dividend on Johnson & Johnson (JNJ, Financial) and Whirpool Corporation (WHR, Financial).
Analysts were expecting a profit of just $1.26 per share and sales of only $15.8 billion, on average.
The company upped its full-year earnings guidance to a range of $4.90 to $5.00 per share, completely above the consensus view of $4.83 per share.
Shares of Johnson & Johnson popped to $61.70 (+2.05%) in pre-market trading, where they carry a 3.50% dividend yield.
Johnson & Johnson has raised its annual dividend total every year dating back to 1964, a claim only 18 publicly-traded companies can currently make. Johnson & Johnson traditionally announces its annual dividend increase during the second half of April, and I expect this year to be no different.
Shares of Whirpool Corporation closed at $84.88 on Monday, where they now feature a 2.36% dividend yield.
This is only the third raise Whirlpool has given shareholders since 1993.
J&J Raises Full-Year Guidance Ahead of Dividend Hike
Johnson & Johnson (JNJ) reported adjusted first-quarter earnings of $1.35 per share and $16.2 billion in revenue this morning, beating Wall Street’s expectations. The global healthcare giant also raised its full-year earnings guidance, sending shares higher in pre-market trading.Analysts were expecting a profit of just $1.26 per share and sales of only $15.8 billion, on average.
The company upped its full-year earnings guidance to a range of $4.90 to $5.00 per share, completely above the consensus view of $4.83 per share.
Shares of Johnson & Johnson popped to $61.70 (+2.05%) in pre-market trading, where they carry a 3.50% dividend yield.
Johnson & Johnson has raised its annual dividend total every year dating back to 1964, a claim only 18 publicly-traded companies can currently make. Johnson & Johnson traditionally announces its annual dividend increase during the second half of April, and I expect this year to be no different.
Whirpool Spins Out First Dividend Hike in Seven Years
Whirpool Corporation (WHR) declared a quarterly dividend of $0.50 per share today, a 16% increase over the $0.43 paid each quarter by the appliance company since the beginning of 2004.Shares of Whirpool Corporation closed at $84.88 on Monday, where they now feature a 2.36% dividend yield.
This is only the third raise Whirlpool has given shareholders since 1993.
