Abbott Increases Quarterly Dividend for 52nd Consecutive Year

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Abbott (NYSE: ABT) increases its quarterly common dividend by 7.8% to 55 cents per share, marking 52 years of consecutive dividend growth. The company will pay its 400th consecutive quarterly dividend since 1924 on Feb. 15, 2024. Abbott is a member of the S&P 500 Dividend Aristocrats Index, demonstrating its commitment to delivering strong shareholder returns and top-tier growth.

Positive

• 52nd consecutive year of dividend growth
• 400th consecutive quarterly dividend payment since 1924
• Member of the S&P 500 Dividend Aristocrats Index

Negative

• None.

• Dividend increased by 7.8%
• 400^th consecutive quarterly dividend to be paid by Abbott since 1924
• Company continues to deliver strong shareholder returns and top-tier growth

ABBOTT PARK, Ill., Dec. 15, 2023 /PRNewswire/ -- Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 55 cents per share, an increase of 7.8%.

This marks the company's 52^nd consecutive year of dividend growth. It will be the 400^th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 15, 2024, to shareholders of record at the close of business on Jan. 12, 2024.

Abbott 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 115,000 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-increases-quarterly-dividend-for-52nd-consecutive-year-302016918.html

SOURCE Abbott

FAQ

What is the latest dividend increase announced by Abbott (NYSE: ABT)?

Abbott has increased its quarterly common dividend by 7.8% to 55 cents per share.

When will Abbott (NYSE: ABT) pay its 400th consecutive quarterly dividend?

Abbott will pay its 400th consecutive quarterly dividend since 1924 on Feb. 15, 2024.

Is Abbott (NYSE: ABT) a member of any dividend index?

Yes, Abbott is a member of the S&P 500 Dividend Aristocrats Index, showcasing its commitment to consistent dividend growth.

How many years of consecutive dividend growth has Abbott (NYSE: ABT) achieved?

Abbott has achieved 52 years of consecutive dividend growth, highlighting its dedication to delivering strong shareholder returns.

What is the current dividend per share for Abbott (NYSE: ABT)?

The current dividend per share for Abbott is 55 cents, reflecting a 7.8% increase from the previous quarter.