Abbott Labs Maintains Royal Dividend Status With 6.8% Increase
By Colin Kellaher
Abbott Laboratories' board has raised the quarterly dividend by 6.8%, to 63 cents from 59 cents, making it 54 straight years that the healthcare-products company has boosted its payout.
The new quarterly rate, equal to $2.52 a year, represents an annual yield of about 2.04% based on Friday's trading price of $123.50, up from 1.91% previously.
The dividend increase maintains Abbott'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 Abbott Park, Ill., company said the increased dividend is payable Feb. 13 shareholders of record on Jan. 15.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 12, 2025 10:51 ET (15:51 GMT)
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