Johnson & Johnson (ticker: JNJ) is a popular US company that's been operating since 1886. JNJ products are well known across the world because it owns leading brands like Benadryl, Listerine, Band-Aid, etc.
JNJ was 35th on Fortune 500's list for 2020 in terms of total revenue ahead of companies like IBM, Intel, Boeing, Facebook, and others. In this blog, we'll help you find out how to buy JNJ shares from India.
When Did Johnson & Johnson Go Public?
Johnson & Johnson (JNJ) went public in September 1944 for $37.50* per share. That's 5 decades before companies like Tesla were even founded.
JNJ has been trading on the New York Stock Exchange since. It was during the same year that the famous “Our Credo” document was drafted by General Robert Wood Johnson.
Credo emphasised JNJ's ethical responsibility of delivering high-quality products and services to all its customers.
It's safe to say that a lot has happened since JNJ went public. JNJ offered a 100% stock dividend to its investors three years after going public and a 200% stock dividend in the 1960s.
The company has initiated 6 stock splits since going public. But you'd be surprised to know that JNJ wasn't always the $447.889 billion company that it is today.
Johnson & Johnson initially began as a medical device and equipment manufacturer.
Later on, JNJ branched out to pharmaceuticals, R&D, and personal care as it was propelled by shrewd marketing and tactical branding that has made it the household name it is today.
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.
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