Abbott Declares 394th Consecutive Quarterly Dividend

Rhea-AI Summary

Abbott has declared a quarterly common dividend of 47 cents per share, marking the 394th consecutive quarterly dividend since 1924. This dividend will be payable on August 15, 2022, to shareholders of record by July 15, 2022. Abbott's consistent dividend increases span 50 consecutive years, and it is recognized as a member of the S&P 500 Dividend Aristocrats Index, which highlights companies maintaining annual dividend growth for over 25 years.

Positive

• 394 consecutive quarterly dividends since 1924
• Dividend of 47 cents per share reflects strong financial health
• Increased dividends for 50 consecutive years show commitment to shareholders
• Member of S&P 500 Dividend Aristocrats Index indicates reliability

Negative

• None.

ABBOTT PARK, Ill., June 10, 2022 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 47 cents per share.

This marks the 394^th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Aug. 15, 2022, to shareholders of record at the close of business on July 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-394th-consecutive-quarterly-dividend-301565829.html

SOURCE Abbott

FAQ

What is the dividend amount announced by Abbott for July 2022?

Abbott announced a dividend of 47 cents per share.

When will Abbott's dividend be paid?

The dividend will be paid on August 15, 2022.

How long has Abbott been paying dividends?

Abbott has paid dividends for 394 consecutive quarters since 1924.

Is Abbott a member of any dividend-related index?

Yes, Abbott is a member of the S&P 500 Dividend Aristocrats Index.

How many years has Abbott increased its dividends?

Abbott has increased its dividends for 50 consecutive years.