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AbbVie Declares Quarterly Dividend The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.48 per share. The cash dividend is payable August...

Key Takeaway: AbbVie Inc. has announced a quarterly cash dividend of $1.48 per share, which is payable on August 15, 2023, to shareholders on record as of July 14, 2023. The company has seen a significant dividend increase of 270 percent since its inception in 2013 and is recognized as a member of the S&P Dividend Aristocrats Index, reflecting a long history of annual dividend growth. AbbVie aims to address serious health challenges through innovative medicines across various therapeutic areas.

Market Sentiment Analysis

POSITIVE FACTORS

  • A quarterly cash dividend of $1.48 per share declared.
  • AbbVie has increased its dividend by 270 percent since 2013.
  • AbbVie is part of the S&P Dividend Aristocrats Index, indicating consistent dividend growth.

Full Press Release Details

NORTH CHICAGO, Ill. , June 22, 2023 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV ) today declared a quarterly cash dividend of $1.48 per share.
The cash dividend is payable August 15, 2023 , to stockholders of record at the close of business on July 14, 2023 .
Since the company's inception in 2013, AbbVie has increased its dividend by 270 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years.
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology and gastroenterology, in addition to products and services across our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie on Twitter , Facebook , Instagram , YouTube and LinkedIn .

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Frequently Asked Questions

What is AbbVie's quarterly cash dividend amount?

$1.48 per share is the declared quarterly cash dividend.

When is the dividend payable to stockholders?

The dividend is payable on August 15, 2023.

How much has AbbVie increased its dividend since 2013?

AbbVie has increased its dividend by 270 percent since 2013.

Is AbbVie part of any dividend index?

Yes, AbbVie is a member of the S&P Dividend Aristocrats Index.

What therapeutic areas does AbbVie focus on?

AbbVie focuses on immunology, oncology, neuroscience, and more.

Last updated: Jun 22, 2023