Abbott Declares 393rd Consecutive Quarterly Dividend

Rhea-AI Summary

Abbott has declared a quarterly common dividend of 47 cents per share, payable on May 16, 2022, to shareholders on record by April 15, 2022. This marks the company's 393rd consecutive quarterly dividend since 1924 and highlights its achievement of increasing dividend payouts for 50 consecutive years. Abbott is part of the S&P 500 Dividend Aristocrats Index, showcasing its stability and commitment to returning value to shareholders.

Positive

• Quarterly dividend increased to 47 cents per share, marking 50 consecutive years of growth.
• Company's long-standing dividend history of 393 consecutive payments indicates stability.

Negative

• None.

ABBOTT PARK, Ill., Feb. 18, 2022 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 47 cents per share.

Abbott has increased its dividend payout for 50 consecutive years.

This marks the 393^rd consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable May 16, 2022, to shareholders of record at the close of business on April 15, 2022.

Abbott has increased its dividend payout for 50 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 113,000 colleagues serve people in more than 160 countries.

Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.

 

View original content:https://www.prnewswire.com/news-releases/abbott-declares-393rd-consecutive-quarterly-dividend-301485785.html

SOURCE Abbott

FAQ

What is the dividend amount declared by Abbott in February 2022?

Abbott declared a quarterly dividend of 47 cents per share.

When will Abbott's dividend be paid in 2022?

The dividend will be paid on May 16, 2022.

Who are the shareholders eligible for Abbott's dividend in April 2022?

Shareholders of record at the close of business on April 15, 2022, are eligible.

How long has Abbott been increasing its dividend payouts?

Abbott has increased its dividend payouts for 50 consecutive years.

What is the significance of Abbott's dividend history?

Abbott's 393 consecutive quarterly dividends reflect its financial stability and commitment to shareholders.