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Abbott Increases Quarterly Dividend for 52nd Consecutive Year Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 55 cents per share, an...

Friday, December 15, 2023 1 min read
Key Takeaway: Abbott has announced an increase in its quarterly dividend to 55 cents per share, marking a 7.8% rise. This is the company's 52nd consecutive year of dividend growth and will be the 400th consecutive quarterly dividend payment. Shareholders of record by January 12, 2024, will receive this dividend on February 15, 2024. Abbott is recognized as an S&P 500 Dividend Aristocrat, indicating its long-standing commitment to returning value to shareholders.

Market Sentiment Analysis

POSITIVE FACTORS

  • Abbott has increased its quarterly dividend for the 52nd consecutive year.
  • The dividend increase of 7.8% reflects the company's financial strength.
  • Abbott continues to pay dividends consecutively since 1924.

Full Press Release Details

ABBOTT PARK , Ill. , Dec. 15, 2023 /PRNewswire/ -- Abbott (NYSE: ABT ) today announced that its board of directors has increased the company's quarterly common dividend to 55 cents per share, an increase of 7.8%.
This marks the company's 52 nd consecutive year of dividend growth. It will be the 400 th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 15, 2024, to shareholders of record at the close of business on Jan. 12, 2024 .
Abbott 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 new quarterly dividend amount?

Abbott has increased its quarterly dividend to 55 cents per share.

How long has Abbott been growing its dividend?

Abbott has achieved 52 consecutive years of dividend growth.

When will Abbott's dividend be payable?

The dividend will be payable on February 15, 2024.

Who qualifies for Abbott's upcoming dividend?

Shareholders recorded by January 12, 2024, will qualify.

What index lists Abbott as a member?

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

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Last updated: Dec 15, 2023