Abbott (ABT) Raises Quarterly Dividend 4.4% to $0.47; $5B Stock Buyback

Abbott (NYSE: ABT) declared a quarterly dividend of $0.47 per share, or $1.88 annualized. This is a 4.4% increase from the prior dividend of $0.45. The dividend will be payable on February 15, 2022, to stockholders of record on January 14, 2022, with an ex-dividend date of January 13, 2022. The annual yield on the dividend is 1.4 percent.

Abbott's board also has authorized the repurchase of up to $5 billion of the corporation's common shares. This new authorization is in addition to the unused portion of the previous program authorized by Abbott's board in October 2019. The purchases may be made from time to time as market conditions warrant and subject to regulatory considerations.

For a dividend history and other dividend-related data on Abbott (ABT) click here.

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