Q1 2022 hedge fund letters, conferences and more Johnson & Johnson Raises DividendsI just read that Johnson & Johnson (JNJ) has hiked dividends by 6.60% to $1.13/share. This marked the 60th consecutive annual dividend increase for this dividend king. There are only 38 companies in the US which have managed to increase dividends annually for at least 50 years in a row. Over the past decade, Johnson & Johnson has managed to grow dividends at an annualized rate of 6.40%/year. When reviewing press releases that discuss dividend increases, I always find it helpful to see the tone from top managemen…