AbbVie Inc. Raises Quarterly Dividend by 10.3% to $1.18
November 01 2019 - 8:27AM
Dow Jones News
By Colin Kellaher
AbbVie Inc. (ABBV) on Friday said its board raised the quarterly
dividend by 10.3% to $1.18 from $1.07.
The new payout, equal to $4.72 a year, represents an annual
yield of about 5.93% based on Thursday's closing price of $79.55,
up from 5.38%.
The North Chicago, Ill., biopharmaceutical company said the
increased dividend is payable Feb. 14 to shareholders of record
Jan. 15.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 01, 2019 08:12 ET (12:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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