ABBV Rasises Their Dividend 10.3%

AbbVie (ABBV) a dividend growth stock that we follow announced its next quarterly dividend of $1.18 per share, a 10.3% increase from their previous payout of $1.07. This is ABBV’s 6th consecutive year of dividend increases since they spun off from Abbott Laboratories (ABT). They also raised their dividend in January, this latest increase will be paid out in Q1 of 2020. Here is a trend chart of both earning per share and dividends paid annually for added context of their past performance.

Filed in: Dividend Increase Announcements