A quarterly cash dividend of $1.30 per share was announced today by (NYSE: ABBV). Those stockholders of record at the close of business on October 15, 2021, will receive a cash dividend on November 15, 2021. AbbVie has grown its dividend by 225 percent since its start in 2013.
What is the next ex-dividend date for AbbVie?
After the ex-dividend date of October 14, 2021, bbVie Inc. On November 15, 2021, shareholders will receive a dividend of $1.3 per share in cash. Prior to the ex-dividend date, ABBV shareholders are entitled to a cash dividend. ABBV has now paid the same dividend for the fourth consecutive quarter. The dividend yield is 4.79 percent at the current share price of $108.57.
How many times a year does ABBV pay dividends?
AbbVie distributes a quarterly dividend of $1.30, or $5.20 per share, on each of its outstanding common shares. A range of $6.04 to $6.14 is expected for the company’s diluted earnings per share for the year of 2021, which is substantially above its annual payment. It’s possible that the payout ratio might fall as low as 86%. Despite the fact that it’s higher than most dividend investors desire, it’s still a viable option. Non-cash expenses, such as amortization and depreciation, are included in income according to GAAP. The company’s per-share earnings will be at least $12.52 for the year on an adjusted basis, which excludes items like that. Although Humira sales may decline and Rinvoq’s figures may be lower than projected in the future, AbbVie has a considerable cushion between its annual payout and adjusted earnings that should relieve any concerns investors may have about its current payout.
AbbVie’s dividend is secure in the context of the company’s adjusted earnings, and the company appears to be in a strong position to keep increasing its dividends in the future, as well. The company has been a Dividend Aristocrat for more than 25 years, increasing its dividends each year.
Is ABBV a good dividend stock?
It enables investors to reap high returns on stocks that outperform the market. These long-term gains are, of course, capital gains. As long as investors are ready to take on a little more risk, AbbVie is one of the best dividend stocks on the market.
Did AbbVie raise its dividend?
AbbVie’s (ABBV) board of directors has approved a quarterly dividend of $1.41 per share, an 8.5 percent increase over the previous quarterly payout of $1.30. The dividend will be paid out in February.
How often does Verizon dividend?
today announced a 62.75-cent quarterly dividend, unchanged from the past three quarters, for (NYSE, Nasdaq: VZ). Verizon shareholders with record as of the close of business on July 9th, 2021, will be paid a quarterly dividend on August 2nd, 2021.
Is Pfizer a good dividend stock?
In spite of its cautious nature, PFE offers investors one of the highest dividend rates in the market today. With a current dividend yield of 3.7 percent, it is easily among the top quarter of dividend payers in the market. As a result of the recent increase in price, its yield appears to be rather modest. As a result, investors who put money into the company in 2021 saw a significant increase in their net worth.
Is ABBV a safe stock to buy?
To be included in the Annual Channel’s prestigious “S.A.F.E. 25” list, AbbVie Inc. (ABBV) had to meet strict criteria including a 4.9 percent dividend yield and at least two decades of consecutive dividend increase, according to the most recent “DividendRank” report.
Is AbbVie a dividend king?
When it comes to dividends, few pharmaceutical companies can match AbbVie’s record. S&P 500 members with at least 25 consecutive dividend raises are known as Dividend Aristocrats, and this business is one of them. To put it another way, AbbVie’s dividend yield of 4.6% is significantly higher than that of the S&P 500, which is currently yielding just 1.3%.
