Today, October 28 AbbVie Inc. announced a quarterly dividend increase of from $ 0.57 to $ 0.64 per share that’s payable February 15, 2017 to holders of record January 13, 2017. This represents a 12.3% increase to regular quarterly dividends. With current price $ 61.46 (yesterday's close), this raise brings their dividend yield to 4.17%.
Since I own 30 shares this will increase my yearly net
dividends by $ 6.26.
That increase rises my YOC to 4.05%
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Thanks for stopping by!
I'm just starting investing. How do you decide on a stock?
ReplyDelete€8500+ YTD dividend income is great...!!!
Hello TWI and thanks, I'm trying to find companies with a reasonable history, which also in the future will be able to increase their dividends. I follow several blogs and research U.S. Dividend Champions list, when I find a suitable new candidate, which in my opinion, fits in my portfolio, I make a more detailed analysis of it.
DeleteThanks for visiting,
DH
This was a solid increase in dividends. As you can imagine I was quite happy to hear this news. Thanks for sharing.
ReplyDeleteHello DivHut, yeah, that was a nice increase, glad to be fellow shareholder with you.
DeleteCheers,
DH