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Abbott Increases Quarterly Dividend for 53rd Consecutive Year Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 59 cents per share, an...

Friday, December 13, 2024 1 min read
Key Takeaway: Abbott (NYSE: ABT) announced a 7.3% increase in its quarterly common dividend, now set at 59 cents per share. This increase marks the 53rd consecutive year of dividend growth and the 404th consecutive quarterly dividend paid since 1924. The cash dividend will be payable on February 14, 2025, to shareholders of record by January 15, 2025. Abbott continues to be recognized as an S&P 500 Dividend Aristocrat for its long-standing commitment to increasing dividends annually.

Market Sentiment Analysis

POSITIVE FACTORS

  • Abbott has increased its quarterly dividend for the 53rd consecutive year.
  • The dividend payout has risen by more than 60% since 2020.
  • This marks a significant milestone of consistent financial growth.

Full Press Release Details

ABBOTT PARK , Ill. , Dec. 13, 2024 /PRNewswire/ -- Abbott (NYSE: ABT ) today announced that its board of directors has increased the company's quarterly common dividend to 59 cents per share, an increase of 7.3%. The company's quarterly dividend payout has increased more than 60% since 2020.
This marks Abbott's 53 rd consecutive year of dividend growth. It will be the 404 th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 14, 2025, to shareholders of record at the close of business on Jan. 15, 2025 .
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 114,000 colleagues serve people in more than 160 countries.
Connect with us at www.abbott.com and on LinkedIn , Facebook , Instagram , X and YouTube .

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Frequently Asked Questions

What is Abbott's new quarterly dividend rate?

Abbott's new quarterly dividend rate is 59 cents per share.

How much has Abbott's dividend increased since 2020?

Abbott's dividend has increased by over 60% since 2020.

How many years has Abbott increased its dividend?

Abbott has increased its dividend for 53 consecutive years.

When will Abbott's next dividend be paid?

Abbott's next dividend will be paid on February 14, 2025.

How often does Abbott pay dividends?

Abbott has paid dividends for 404 consecutive quarters since 1924.

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Last updated: Dec 13, 2024