AbbVie Declares Quarterly Dividend

Rhea-AI Summary

AbbVie declared a quarterly cash dividend of $1.30 per share, payable on May 14, 2021, to stockholders of record as of April 15, 2021. Since its inception in 2013, AbbVie has increased its dividend by 225%. The company is part of the S&P Dividend Aristocrats Index, recognizing firms that have consistently raised dividends for at least 25 years. AbbVie focuses on innovative therapeutics across various areas, including immunology and oncology.

Positive

• Declared a quarterly cash dividend of $1.30 per share.
• Increased dividend by 225% since 2013.
• Member of S&P Dividend Aristocrats Index.

Negative

• None.

News Market Reaction – ABBV

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-0.22% Session move

In the trading session that priced this news, ABBV declined 0.22%, reflecting a mild negative market reaction.

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NORTH CHICAGO, Ill., Feb. 18, 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 May 14, 2021 to stockholders of record at the close of business on April 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.

 

View original content:http://www.prnewswire.com/news-releases/abbvie-declares-quarterly-dividend-301231095.html

SOURCE AbbVie

FAQ

What is AbbVie's dividend payment amount?

AbbVie announced a quarterly cash dividend of $1.30 per share.

When will AbbVie pay its next dividend?

The next dividend is payable on May 14, 2021.

What is the record date for AbbVie's dividend?

The record date for the dividend is April 15, 2021.

How much has AbbVie increased its dividend since 2013?

AbbVie has increased its dividend by 225% since 2013.

Is AbbVie a member of any dividend indexes?

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