Abbott Raises Quarterly Dividend 14 Percent, Increasing Payouts for 47 Straight Years

The board of directors of Abbott increased the company’s quarterly common dividend to 32 cents per share, marking a 14 percent increase. This marks the 380th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 15, 2019, to shareholders of record at the close of business on Jan. 15, 2019. Abbott has increased its dividend payout for 47 consecutive years and 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. – Medical Buyer Bureau