AbbVie Declares Quarterly Dividend

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

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Rhea-AI Summary

AbbVie Inc. (NYSE: ABBV) has announced a quarterly cash dividend of $1.55 per share. The dividend will be payable on November 15, 2024, to stockholders of record as of October 15, 2024. Since its inception in 2013, AbbVie has increased its dividend by more than 285 percent. The company is a member of the S&P Dividend Aristocrats Index, which includes companies that have consistently increased their dividends for at least 25 consecutive years.

Positive

Consistent quarterly dividend payment of $1.55 per share
285% increase in dividend since company inception in 2013
Inclusion in S&P Dividend Aristocrats Index, indicating long-term dividend growth

Negative

None.

News Market Reaction

+0.28%

1 alert

+0.28% News Effect

On the day this news was published, ABBV gained 0.28%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

09/06/2024 - 10:13 AM

NORTH CHICAGO, Ill., Sept. 6, 2024 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.55 per share.

The cash dividend is payable November 15, 2024, to stockholders of record at the close of business on October 15, 2024.

Since the company's inception in 2013, AbbVie has increased its dividend by more than 285 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 and solutions 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, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X (formerly Twitter), and YouTube.