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J&J announces dividend

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New Brunswick-based Johnson & Johnson announced today its board has approved a quarterly dividend for the fourth quarter.

According to the announcement, the company has declared a cash dividend of 66 cents per share on the company's common stock. The dividend is payable Dec. 10 to shareholders of record at the close of business Nov. 26.

The news follows the company's acquisition of Aragon Pharmaceuticals in August.

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