AbbVie is announcing today that its board of directors declared an increase in the company's quarterly cash dividend from
$1.30 per share to
$1.41 per share beginning with the dividend payable on
February 15, 2022 to shareholders of record as of
January 14, 2022.
This reflects an increase of approximately 8.5 percent, continuing
AbbVie's strong commitment to returning cash to shareholders through a
growing dividend. Since the company's inception in 2013, AbbVie has
increased its quarterly dividend by more than 250 percent. AbbVie is a
member of the S&P Dividend Aristocrats Index, which tracks companies
that have annually increased their dividend for at least 25 consecutive
years.
Since I own 42 shares of ABBV, this change will increase my 12 month forward dividends by $18.48
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