Johnson & Johnson

Definition

Johnson & Johnson is a multinational corporation specializing in pharmaceuticals, medical devices, and consumer health products. It is one of the largest companies in the healthcare sector, with a significant impact on US financial markets.

5 Must Know Facts For Your Next Test

1. Johnson & Johnson was founded in 1886 and is listed on the New York Stock Exchange under the ticker symbol JNJ.
2. The company is a component of the Dow Jones Industrial Average, contributing to its performance metrics.
3. Johnson & Johnson's diversified portfolio has historically provided stability against market volatility.
4. The firm plays a crucial role in healthcare innovation and has received global recognition for its COVID-19 vaccine development.
5. Johnson & Johnson consistently pays dividends, making it an attractive option for income-focused investors.

Review Questions

• What year was Johnson & Johnson founded?
• Which stock index includes Johnson & Johnson as a component?
• Why is Johnson & Johnson considered a stable investment during market volatility?

Related terms

Dow Jones Industrial Average:

An index that shows how 30 large publicly owned companies based in the United States have traded during a standard trading session.

Dividend Yield:

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Pharmaceutical Sector: A segment of the healthcare industry engaged in the development, production, and marketing of medications.