Dividend Increase – AbbVie Inc. (ABBV)

On Thursday AbbVie announced a quarterly dividend increase of from $ 0.71 to $ 0.96 per share that’s payable May 15, 2018 to holders of record April 13, 2018. This represents a 35.21% increase to regular quarterly dividends.

With current price $ 115.23 (Friday's open), this raise brings their dividend yield to 3.33%. 

Since I own 45 shares this will increase my yearly net dividends by $ 33.53.

That increase rises my YOC to 6.04% 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long ABBV

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