Abbott Increases Quarterly Dividend, Marking 51 Consecutive Years of Dividend Growth

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Abbott (NYSE: ABT) announced an 8.5% increase in its quarterly dividend, raising it to 51 cents per share. This marks the company’s 51st consecutive year of dividend growth and the 396th consecutive quarterly dividend, to be paid on Feb. 15, 2023, to shareholders of record by Jan. 13, 2023. Abbott is recognized in the S&P 500 Dividend Aristocrats Index for consistent annual dividend increases over at least 25 years, reflecting its commitment to sustainable growth and shareholder returns.

Positive

• Dividend increased by 8.5% to 51 cents per share.
• 51 consecutive years of dividend growth.
• 396 consecutive quarterly dividends since 1924.
• Member of the S&P 500 Dividend Aristocrats Index.

Negative

• None.

• Dividend increased by 8.5%
• Reflects Abbott's longstanding commitment to sustainable growth and shareholder returns

ABBOTT PARK, Ill., Dec. 9, 2022 /PRNewswire/ -- Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 51 cents per share, an increase of 8.5%.

This marks the company's 51^st consecutive year of dividend growth. It will be the 396^th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 15, 2023, to shareholders of record at the close of business on Jan. 13, 2023.

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 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.

 

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SOURCE Abbott

FAQ

What is the new dividend amount for Abbott (ABT)?

Abbott (ABT) has increased its quarterly dividend to 51 cents per share.

When will Abbott (ABT) pay its next dividend?

The next dividend payment will be made on February 15, 2023.

How many consecutive years has Abbott (ABT) increased its dividend?

Abbott has increased its dividend for 51 consecutive years.

What is the significance of Abbott being in the S&P 500 Dividend Aristocrats Index?

It signifies that Abbott has raised its dividends annually for at least 25 consecutive years.

Who will receive the dividend from Abbott (ABT)?

Shareholders of record as of January 13, 2023, will receive the dividend.