Abbott Declares 403rd Consecutive Quarterly Dividend
Abbott (NYSE: ABT) has declared its 403rd consecutive quarterly dividend of 55 cents per share.
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Rhea-AI Summary
Abbott (NYSE: ABT) has declared its 403rd consecutive quarterly dividend of 55 cents per share. The dividend will be payable on Nov. 15, 2024, to shareholders of record as of Oct. 15, 2024. This announcement marks a significant milestone in Abbott's history of consistent dividend payments since 1924.
The company has demonstrated a remarkable track record of increasing its dividend payout for 52 consecutive years. This achievement has earned Abbott a place in the prestigious S&P 500 Dividend Aristocrats Index, which recognizes companies that have raised their dividends annually for at least 25 consecutive years.
Positive
- Declared 403rd consecutive quarterly dividend, showcasing long-term financial stability
- Maintained 52-year streak of increasing dividend payouts
- Inclusion in S&P 500 Dividend Aristocrats Index, indicating consistent shareholder returns
Negative
- None.
Details
News Market Reaction – ABT
The recorded move for ABT 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.
ABBOTT PARK, Ill., Sept. 19, 2024 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of
This marks the 403rd consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Nov. 15, 2024, to shareholders of record at the close of business on Oct. 15, 2024.
Abbott has increased its dividend payout for 52 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.
About Abbott:
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Connect with us at www.abbott.com and on LinkedIn, Facebook, Instagram, X and YouTube.
View original content:https://www.prnewswire.com/news-releases/abbott-declares-403rd-consecutive-quarterly-dividend-302253471.html
SOURCE Abbott
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