December 16, 2024- Abbott announced that its board of directors has increased the company’s quarterly common dividend to 59 cents per share, an increase of 7.3%. The company’s quarterly dividend payout has increased more than 60% since 2020. This marks Abbott’s 53rd consecutive year of dividend growth. It will be the 404th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 14, 2025, to shareholders of record at the close of business on Jan. 15, 2025.
Abbott is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have increased dividends annually for at least 25 consecutive years.