Friday, November 2, 2018

Dividend Increase – AbbVie Inc. (ABBV)



Today the board of directors of AbbVie announced a quarterly dividend increase of from $ 0.96 to $ 1.07 per share that’s payable February 15, 2019 to holders of record January 15, 2019. This represents a 11.46% increase to regular quarterly dividends.

With current price $ 84.18 (today's open), this raise brings their dividend yield to 5.08%.  



Since I own 45 shares of ABBV this will increase my yearly net dividends by $ 14.75.

That increase rises my YOC to 6.74% 




Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long ABBV

Thanks for stopping by!

3 comments:

  1. Dividend DelugeNovember 2, 2018 at 6:44 PM

    This is great news! Finally bought some ABBV yesterday and the yield-on-cost is already 5,4 %.

    ReplyDelete
  2. DivHutNovember 4, 2018 at 5:15 AM

    The stock price might be down but ABBV still chugs along with nice dividend increases. It's on my short list for a potential November buy.

    ReplyDelete
  3. Get Rich BrothersNovember 7, 2018 at 4:31 AM

    Hey Hawk,

    Great to see this dividend increase ring through. Double digits are always great, particularly on top of a healthy starting yield. ABBV has seen recent pressure, but overall I believe it to be a good name that is indeed on my radar.

    Take care,
    Ryan

    ReplyDelete