AbbVie Increases Quarterly Dividend by 12.3 Percent
NORTH CHICAGO, Ill., Oct. 28, 2016 /PRNewswire/ — The board of directors of AbbVie Inc. (NYSE: ABBV) increased the company’s quarterly cash dividend by 12.3 percent from $0.57 per share to $0.64 per share.
The cash dividend is payable February 15, 2017 to stockholders of record at the close of business on January 13, 2017.
Since the company’s inception in 2013, AbbVie has increased its dividend by 60 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years.