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Abbott Declares 398th Consecutive Quarterly Dividend The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 51 cents per share. This marks the 398th consecutive...

Key Takeaway: Abbott's board of directors has declared a quarterly common dividend of 51 cents per share, marking the company's 398th consecutive dividend payment. This milestone reflects Abbott's strong financial position and ongoing commitment to shareholder returns. The dividend is payable on August 15, 2023, to shareholders on record as of July 14, 2023. Abbott is recognized as a leader in the healthcare sector, continuously increasing its dividends for 51 years, and is part of the S&P 500 Dividend Aristocrats Index.

Market Sentiment Analysis

POSITIVE FACTORS

  • The declaration of the 398th consecutive quarterly dividend demonstrates Abbott's strong financial stability.
  • Abbott has a long history of increasing its dividend payout for 51 consecutive years, showcasing its commitment to returning value to shareholders.
  • Being a member of the S&P 500 Dividend Aristocrats Index highlights Abbott's reliability and exceptional performance in managing dividends.

Full Press Release Details

ABBOTT PARK , Ill. , June 9, 2023 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT ) today declared a quarterly common dividend of 51 cents per share.
This marks the 398 th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Aug. 15, 2023, to shareholders of record at the close of business on July 14, 2023 .
Abbott has increased its dividend payout for 51 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have increased dividends annually for at least 25 consecutive years.
About Abbott: Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.
Connect with us at www.abbott.com , on LinkedIn at www.linkedin.com/company/abbott-/ , on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews .

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Frequently Asked Questions

What is Abbott's latest dividend amount?

Abbott declared a quarterly dividend of 51 cents per share.

When is the dividend payment date for Abbott?

The cash dividend is payable on August 15, 2023.

How many consecutive dividends has Abbott paid?

Abbott has paid 398 consecutive quarterly dividends since 1924.

How many years has Abbott increased its dividends?

Abbott has increased its dividend for 51 consecutive years.

What index includes Abbott for dividend increases?

Abbott is part of the S&P 500 Dividend Aristocrats Index.

Last updated: Jun 9, 2023