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AbbVie Declares Quarterly Dividend

AbbVie Inc. (NYSE: ABBV) has declared a quarterly cash dividend of $1.41 per share, payable on November 15, 2022, to shareholders of record by October 14, 2022.

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 $1.41 per share, payable on November 15, 2022, to shareholders of record by October 14, 2022. Since its inception in 2013, AbbVie has increased its dividend by over 250%. The company is a member of the S&P Dividend Aristocrats Index, which includes firms that have consistently raised dividends for at least 25 consecutive years.

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Positive

  • Quarterly cash dividend of $1.41 per share supports income for shareholders.
  • Dividend increased by over 250% since 2013 indicates strong financial health.
  • Membership in S&P Dividend Aristocrats Index highlights stability and confidence.

Negative

  • None.
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+0.64% 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 +0.64%.

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., Sept. 9, 2022 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.41 per share. 

The cash dividend is payable November 15, 2022, to stockholders of record at the close of business on October 14, 2022.

Since the company's inception in 2013, AbbVie has increased its dividend by more than 250 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:https://www.prnewswire.com/news-releases/abbvie-declares-quarterly-dividend-301621242.html

SOURCE AbbVie

FAQ

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

When is the next dividend payment for ABBV?

The next dividend payment for AbbVie (ABBV) is scheduled for November 15, 2022.

What is the amount of the quarterly dividend declared by ABBV?

AbbVie has declared a quarterly cash dividend of $1.41 per share.

What date do I need to own ABBV shares to receive the dividend?

Shareholders need to own ABBV shares by the close of business on October 14, 2022, to receive the dividend.

How much has AbbVie increased its dividend since its inception?

Since its inception, AbbVie has increased its dividend by more than 250%.

Is AbbVie part of any dividend indices?

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

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