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South Dakota Investment Council boosts Johnson & Johnson shares amid strong earnings and a $1.30 dividend.
South Dakota Investment Council (SDIC) increased its holdings in Johnson & Johnson (JNJ) by 0.3% to 230,416 shares worth $38.21 million.
JNJ's second-quarter earnings of $2.77 per share surpassed analysts' expectations by $0.09, with revenue reaching $23.74 billion.
The company declared a quarterly dividend of $1.30 per share, yielding 3.18%.
JNJ operates in healthcare through Innovative Medicine and MedTech segments.
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El Consejo de Inversiones de Dakota del Sur aumenta las acciones de Johnson & Johnson en medio de fuertes ganancias y un dividendo de $1.30.