AbbVie Raises Quarterly Dividend by 4.7% to $1.55
October 27 2023 - 8:16AM
Dow Jones News
By Colin Kellaher
AbbVie's board has raised the biopharmaceutical company's
quarterly dividend by 4.7%, to $1.55 from $1.48.
The new payout, equal to $6.20 a year, represents an annual
yield of about 4.27% based on Thursday's closing price of $145.20,
up from 4.08%.
The North Chicago, Ill., company on Friday said the increased
dividend is payable Feb. 15 to shareholders of record Jan. 16.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 27, 2023 08:01 ET (12:01 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
AbbVie (NYSE:ABBV)
Historical Stock Chart
From May 2024 to Jun 2024
AbbVie (NYSE:ABBV)
Historical Stock Chart
From Jun 2023 to Jun 2024