AbbVie Extends Royal Dividend Run With 5.5% Payout Boost
By Colin Kellaher
AbbVie's board has raised the quarterly dividend by 5.5%, to $1.73 from $1.64, extending the biopharmaceutical company's royal payout status.
The new quarterly rate, equal to $6.92 a year, represents an annual yield of about 3.03% based on Thursday's closing price of $228.20, up from 2.87%.
The dividend increase maintains AbbVie's spot in the S&P 500 Dividend Aristocrats Index, whose 69 members have paid a higher dividend for at least 25 straight years, as well as its place on the smaller list of 56 dividend kings--those which have boosted their dividends annually for at least half a century.
The North Chicago, Ill., company on Friday said the increased dividend is payable Feb. 17 to shareholders of record Jan. 16.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 31, 2025 08:16 ET (12:16 GMT)
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