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

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AbbVie Increases Dividend and Announces New Stock Repurchase Program

February 15, 2018 12:49 PM EST

NORTH CHICAGO, Ill., Feb. 15, 2018 /PRNewswire/ -- The board of directors of AbbVie (NYSE: ABBV) increased the company's quarterly cash dividend by 35 percent from $0.71 per share to $0.96 per share and authorized a new $10 billion stock repurchase program. 

The cash dividend is payable May 15, 2018 to stockholders of record at the close of business... More