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AbbVie Declares Quarterly Dividend The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.55 per share. The cash dividend is payable August...

Friday, June 21, 2024 1 min read
Key Takeaway: AbbVie Inc. has announced a quarterly cash dividend of $1.55 per share, payable on August 15, 2024, to shareholders of record by July 15, 2024. Since its establishment in 2013, AbbVie has significantly increased its dividend payouts by more than 285%. The company is recognized as a member of the S&P Dividend Aristocrats Index, representing firms with a strong track record of dividend increases over the years. AbbVie continues to focus on developing innovative medicines across various therapeutic areas.

Market Sentiment Analysis

POSITIVE FACTORS

  • AbbVie declared a quarterly cash dividend of $1.55 per share.
  • The company has increased its dividend by over 285% since 2013.
  • AbbVie is part of the S&P Dividend Aristocrats Index, underscoring its commitment to consistent dividend growth.

Full Press Release Details

NORTH CHICAGO, Ill. , June 21, 2024 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV ) today declared a quarterly cash dividend of $1.55 per share.
The cash dividend is payable August 15, 2024 , to stockholders of record at the close of business on July 15, 2024 .
Since the company's inception in 2013, AbbVie has increased its dividend by more than 285 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 and solutions 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, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie on LinkedIn, Facebook , Instagram , X (formerly Twitter) , and YouTube.

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Frequently Asked Questions

What is AbbVie's quarterly cash dividend amount?

$1.55 per share has been declared as the quarterly cash dividend.

When will the dividend be paid to shareholders?

The dividend will be payable on August 15, 2024.

What is AbbVie's dividend increase percentage since 2013?

AbbVie has increased its dividend by over 285 percent since 2013.

Is AbbVie a member of any dividend indexes?

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

What are AbbVie's key therapeutic areas?

AbbVie's focus areas include immunology, oncology, neuroscience, and eye care.

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Last updated: Jun 21, 2024