AbbVie Declares Quarterly Dividend

Rhea-AI Summary

The board of directors of AbbVie declared a quarterly cash dividend of $1.41 per share, payable on May 16, 2022. Stockholders of record by April 15, 2022 will receive this dividend. Since its inception in 2013, AbbVie has increased its dividend by over 250%, making it a member of the S&P Dividend Aristocrats Index, which includes companies with at least 25 consecutive years of annual dividend increases.

Positive

• Declared quarterly cash dividend of $1.41 per share.
• Increased dividend by over 250% since inception in 2013.
• Membership in S&P Dividend Aristocrats Index indicates strong dividend growth.

Negative

• None.

NORTH CHICAGO, Ill., Feb. 17, 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 May 16, 2022 to stockholders of record at the close of business on April 15, 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.

View original content:https://www.prnewswire.com/news-releases/abbvie-declares-quarterly-dividend-301485060.html

SOURCE AbbVie

FAQ

What is the dividend amount declared by AbbVie for May 2022?

AbbVie declared a dividend of $1.41 per share.

When is AbbVie's dividend payable?

The dividend is payable on May 16, 2022.

What is the record date for AbbVie's dividend?

The record date is April 15, 2022.

How much has AbbVie increased its dividend since 2013?

AbbVie has increased its dividend by more than 250% since 2013.

What is the significance of AbbVie being in the S&P Dividend Aristocrats Index?

It signifies that AbbVie has increased its dividend for at least 25 consecutive years.