AbbVie (ABBV) Raises Quarterly Dividend 35.2% to $0.96; $10B Buyback Plan Announced

AbbVie (NYSE: ABBV) declared a quarterly dividend of $0.96 per share, or $3.84 annualized. This is a 35.2% increase from the prior dividend of $0.71. The dividend will be payable on May 15, 2018, to stockholders of record on April 13, 2018, with an ex-dividend date of April 12, 2018. The annual yield on the dividend is 3.4 percent.

The board also authorized a new $10 billion stock repurchase program.

For a dividend history and other dividend-related data on AbbVie (ABBV) click here.

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