Abbott Increases Quarterly Dividend for 53rd Consecutive Year
Portfolio Pulse from
Abbott has announced a 7.3% increase in its quarterly dividend, marking the 53rd consecutive year of dividend growth. The quarterly dividend payout has increased by over 60% since 2020, and this will be the 404th consecutive quarterly dividend paid by Abbott since 1924.
December 13, 2024 | 4:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Abbott has increased its quarterly dividend by 7.3%, continuing its 53-year streak of dividend growth. This reflects strong financial health and commitment to returning value to shareholders.
The increase in Abbott's dividend is a strong indicator of the company's financial health and its commitment to shareholder returns. This is likely to positively impact investor sentiment and could lead to a short-term increase in stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100