Johnson and Johnson Stock Split History

Johnson and Johnson (JNJ) has 6 splits in our Johnson and Johnson stock split history database. The first split for JNJ took place on May 18, 1970. This was a 3 for 1 split, meaning for each share of JNJ owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. JNJ's second split took place on May 19, 1981. This was a 3 for 1 split, meaning for each share of JNJ owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 9000 share position following the split. JNJ's third split took place on May 11, 1989. This was a 2 for 1 split, meaning for each share of JNJ owned pre-split, the shareholder now owned 2 shares. For example, a 9000 share position pre-split, became a 18000 share position following the split. JNJ's 4th split took place on June 10, 1992. This was a 2 for 1 split, meaning for each share of JNJ owned pre-split, the shareholder now owned 2 shares. For example, a 18000 share position pre-split, became a 36000 share position following the split. JNJ's 5th split took place on June 12, 1996. This was a 2 for 1 split, meaning for each share of JNJ owned pre-split, the shareholder now owned 2 shares. For example, a 36000 share position pre-split, became a 72000 share position following the split. JNJ's 6th split took place on June 13, 2001. This was a 2 for 1 split, meaning for each share of JNJ owned pre-split, the shareholder now owned 2 shares. For example, a 72000 share position pre-split, became a 144000 share position following the split.

When a company such as Johnson and Johnson splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the Johnson and Johnson stock split history from start to finish, an original position size of 1000 shares would have turned into 144000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Johnson and Johnson shares, starting with a $10,000 purchase of JNJ, presented on a split-history-adjusted basis factoring in the complete Johnson and Johnson stock split history.

Growth of $10,000.00 With Dividends Reinvested
Start date:	03/27/2013
End date:	03/24/2023
Start price/share:	$81.27
End price/share:	$152.65
Starting shares:	123.05
Ending shares:	161.39
Dividends reinvested/share:	$35.20
Total return:	146.36%
Average Annual Total Return:	9.44%
Starting investment:	$10,000.00
Ending investment:	$24,640.73
Years:	10.00

Growth of $10,000.00 Without Dividends Reinvested
Start date:	03/27/2013
End date:	03/24/2023
Start price/share:	$81.27
End price/share:	$152.65
Dividends collected/share:	$35.20
Total return:	131.14%
Average Annual Total Return:	8.74%
Starting investment:	$10,000.00
Ending investment:	$23,109.66
Years:	10.00

About Johnson and Johnson

Johnson & Johnson is a holding company. Through its subsidiaries, Co. engages in the research and development, manufacture and sale of various products in the healthcare field. Co.'s segments are: Consumer Health, which includes products focused on personal healthcare used in the Skin Health/Beauty, Over-the-Counter medicines, Baby Care, Oral Care, Women's Health and Wound Care markets; Pharmaceutical, which is focused on six therapeutic areas including Immunology, Infectious Diseases, Neuroscience, Oncology, Cardiovascular and Metabolism, and Pulmonary Hypertension; and Medical Devices, which includes products used in the Interventional Solutions, Orthopaedics, Surgery, and Vision fields. According to our Johnson and Johnson stock split history records, Johnson and Johnson has had 6 splits.