This is the 49th consecutive year of dividend increases by the biopharmaceutical company. "The increase reflects the strength and momentum of Abbott's diversified business and our ability to invest in future growth while returning immediate value to shareholders.". ABBOTT PARK, Ill., Dec. 13, 2019 / PRNewswire / -- The board of directors of Abbott (NYSE: ABT) today increased the company's quarterly common dividend to 36 cents per share – a 12.5% increase. The hike was considerable -- a 25% boost to $0.45 per share. Shareholders of record on Friday, January 15th will be given a dividend of $0.45 per share. Our 2020 dividend payouts will be 36 cents per share – marking a 12.5% increase. - Increase reflects strength and sustainability of Abbott's diversified business - Dividend increased for 49th consecutive year - Abbott remains an S&P 500 Dividend … The annual dividend increased from $0.88 in 2014 to $1.28 in 2019. Dividend Yield. Last year's total dividend payments show that Abbott Laboratories has a trailing yield of 1.7% on the current share price of $86.04. +25%. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.6. © 2021, Nasdaq, Inc. All Rights Reserved. Create your Watchlist to save your favorite quotes on Nasdaq.com. For more than 95 years, we've consistently rewarded investors with quarterly dividend payments. 49 yrs. Let’s take a look at the yield… Current Yield vs. 10-Year Average. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The company is a member of the exclusive Dividend Aristocrats, a group of elite dividend stocks with 25+ years of consecutive dividend increases. What Happens If My Stimulus Payment Goes to a Closed Bank Account? The 5-year average dividend yield … The new annual dividend rate yields an estimated 8.1 percent at the current stock price. ABBOTT PARK, Ill., Dec. 13, 2019 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today increased the company's quarterly common dividend to 36 cents per share – a 12.5% increase. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions. Shares gained 23.2% year-to-date. The stock has a 47.3% payout ratio, so the company can easily afford to extend its streak of increases when it announces it next distribution. Dividend Summary. ABBOTT PARK, Ill., Dec. 11, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) today announced that its board of directors has increased the company's … Unlike Thibault, most of the Street has a bullish outlook on the stock. Based on Abbott's current share price, the move will increase its dividend yield to nearly 1.7%. On Friday, Abbott Laboratories (NYSE:ABT) undertook its long-standing annual ritual and raised its quarterly dividend. Abbott has increased its dividend payout for 49 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. The company has grown its dividend for the last 48 consecutive years and is increasing its dividend by an average of 7.17% each year. The hike was considerable -- a 25% boost to $0.45 per share… ABT Dividend History & Description — Abbott Laboratories. Abbott has declared 388 consecutive quarterly dividends since 1924 and has increased the … Abbott Labs is a true dividend aristocrat, with a 43-year streak of dividend increases. Abbott Laboratories (NYSE:ABT) declares $0.45/share quarterly dividend, 25% increase from prior dividend of $0.36.Forward yield 1.71%Payable Feb. Sign In Marketplace Subscribe Premium Abbott Laboratories (ABT) announced a 25% hike in its quarterly dividend to $0.45 per share from $0.36, marking the 49th consecutive year of increased dividend payouts. For the 48th consecutive year, we've again announced an increase to that payout. Most recently, 12.5%. (See ABT stock analysis on TipRanks). AbbVie increases dividend for 49th consecutive year in 2021, Altria announces 51st consecutive year of dividend increases in 2020, Dividend Aristocrat Becton Dickinson raises dividend 5% in 2020, Hormel Foods announces 55th consecutive year of dividend increases. 1/15/2021. Abbott (NYSE: ABT) today announced that its board of directors has increased the company’s quarterly common dividend to 45 cents per share, reflecting a 25% increase. 3 For Your List, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Abbott has consistently lifted dividends for almost 50 years. Enter up to 25 symbols separated by spaces. This marks the 55th consecutive year of dividend increases for Dividend Aristocrat Hormel Foods. 2/16/2021. This is an increase from Abbott Laboratories’s previous quarterly dividend of $0.36. Abbott Laboratories is engaged in the discovery, development, manufacture, and sale of a range of health care products. AbbVie last raised its payout in November 2019 with a 10% hike. This is the 49th consecutive year of dividend increases by the biopharmaceutical company. Looking For The Best Stocks To Buy For 2021? The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. This marks the 388th consecutive quarterly dividend to be paid by Abbott since 1924. Abbott Laboratories’ long history of paying dividends makes it one of the best dividend stocks around. Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021.This is by far the biggest increase announced by the company since it separated from fellow Aristocrat AbbVie (ABBV). This marks the 384 th consecutive quarterly dividend to be paid by Abbott since 1924. "Paying a strong and growing dividend is foundational to Abbott," said Robert B. Ford, president and chief executive officer, Abbott. Updated on November 21st, 2019 by Nate Parsh. This latest increase maintains the company’s status on the prestigious S&P 500 Dividend Aristocrats Index, which recognizes companies that have raised their dividend payout for at least 25 years.. Fueling this increase is strength across the company’s diversified businesses. Abbott Ramps Up Quarterly Dividend By 25%; Street Bullish, Assessing Nikola (NKLA) Stock After Massive Selloff. In my opinion, this is a company giving investors high dividend growth. I was optimistic with my dividend growth predictions for the last two weeks of November. The company’s 3Q revenues increased 9.6% year-over-year to $8.9 billion, which came in ahead of analysts’ estimate of $8.5 billion. 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