Abbott Declares 395th Consecutive Quarterly Dividend

Rhea-AI Summary

Abbott's board of directors has declared a quarterly dividend of 47 cents per share, marking the 395th consecutive quarterly dividend since 1924. This cash dividend is set to be paid on Nov. 15, 2022, to shareholders of record by the close of business on Oct. 14, 2022. Abbott has a strong track record, having increased its dividend payout for 50 consecutive years, qualifying it as a member of the S&P 500 Dividend Aristocrats Index. The company, a global leader in healthcare, operates across various sectors, enhancing lives in over 160 countries.

Positive

• Quarterly dividend of 47 cents per share declared.
• 395th consecutive quarterly dividend demonstrates stability.
• Increased dividend payout for 50 consecutive years indicates strong financial health.

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• None.

ABBOTT PARK, Ill., Sept. 15, 2022 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 47 cents per share.

This marks the 395^th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Nov. 15, 2022, to shareholders of record at the close of business on Oct. 14, 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-395th-consecutive-quarterly-dividend-301625642.html

SOURCE Abbott

FAQ

What is the dividend amount declared by Abbott on Sept. 15, 2022?

Abbott declared a quarterly dividend of 47 cents per share.

When will Abbott's declared dividend be paid?

The dividend will be paid on Nov. 15, 2022.

What is significant about Abbott's dividend history?

Abbott has increased its dividend payout for 50 consecutive years.

What is Abbott's record for consecutive dividends?

Abbott has paid 395 consecutive quarterly dividends since 1924.

Who qualifies as a member of the S&P 500 Dividend Aristocrats Index?

Companies that have increased dividends annually for at least 25 consecutive years qualify, and Abbott is a member.