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No. of Recommendations: 35
midelargy, welcome to TMF and to the Johnson & Johnson board. I don't like to seem impolite to someone who is new to the boards and to JNJ but it doesn't sound to me that you are really "an investor" if you are only looking to make a quick buck on dumping the stock for a short term gain.

I call that speculating. The real answer to your question is about as vague as the question itself. Here it is: A lot.

I originally purchased Johnson & Johnson in February of 1994 at a split-adjusted price of $10. So, you might say that the "most" I've made on the stock so far is about 5 times my original investment, however, that wouldn't be quite precise since the stock pays a nice dividend.

Expressed as a percentage of my original cost that dividend is now about 7.2% (see S&P's Outlook June 19/02 edition). As I sit and watch the share price fluctuate up and down, I'm still collecting my 7%. But is that the most I can expect from JNJ? No, it isn't.

I can and do expect more, and I'm certain I won't be disappointed. You see the real beauty of this is that that 7.2% is not static. It is still growing. Each year the company raises the dividend and gives me a boost in income. This year I got yet another 14% increase.

So you see, midelargy, it is a really hard question to answer accurately. The real answer is: it depends on how much time you have.

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