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AbbVie Declares Quarterly Dividend

AbbVie Inc. (NYSE: ABBV) has declared a quarterly cash dividend of $1.30 per share, payable on August 16, 2021, to stockholders of record by July 15, 2021.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

AbbVie Inc. (NYSE: ABBV) has declared a quarterly cash dividend of $1.30 per share, payable on August 16, 2021, to stockholders of record by July 15, 2021. This dividend reflects AbbVie's strong performance, having increased its dividend by 225% since its founding in 2013. AbbVie is part of the S&P Dividend Aristocrats Index, recognizing companies that have increased dividends annually for over 25 years.

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Positive

  • Quarterly dividend declared at $1.30 per share.
  • 225% increase in dividends since 2013.
  • Membership in S&P Dividend Aristocrats Index.

Negative

  • None.
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-1.55% session move Open Argus
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News Market Reaction – ABBV

The recorded move for ABBV in the trading session of this news was -1.55%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NORTH CHICAGO, Ill., June 17, 2021 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.30 per share. 

The cash dividend is payable August 16, 2021 to stockholders of record at the close of business on July 15, 2021.

Since the company's inception in 2013, AbbVie has increased its dividend by 225 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.

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines 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, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.

 

Cision View original content:http://www.prnewswire.com/news-releases/abbvie-declares-quarterly-dividend-301315157.html

SOURCE AbbVie

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is AbbVie's dividend amount for Q3 2021?

AbbVie declared a dividend of $1.30 per share for Q3 2021.

When is the dividend payable to shareholders?

The dividend will be payable on August 16, 2021.

What date is the record for shareholders to receive the dividend?

Shareholders must be on record by July 15, 2021, to receive the dividend.

How much has AbbVie increased its dividend since its inception?

AbbVie has increased its dividend by 225% since its inception in 2013.

Is AbbVie part of any dividend-focused index?

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

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