Abbott Declares 348th Consecutive Quarterly Dividend

ABBOTT PARK, Ill., Dec. 10, 2010 /PRNewswire-FirstCall/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 44 cents per share.

This marks the 348th consecutive quarterly dividend to be paid by Abbott since 1924.  The cash dividend is payable Feb. 15, 2011, to shareholders of record at the close of business on Jan. 14, 2011.

Abbott has increased its dividend payout for 38 consecutive years and was named by Barron's as a leading dividend stock.  Additionally, Abbott is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for 25 consecutive years.

About Abbott

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics.  The company employs nearly 90,000 people and markets its products in more than 130 countries.

Abbott's news releases and other information are available on the company's Web site at www.abbott.com.

SOURCE Abbott

Suggested Articles

All 12 members of an FDA advisory committee voted to recommend the approval of teprotumumab for a rare, autoimmune eye disease.

Early data out of former Fierce 15 winner Gritstone Oncology have been heralded as a big win for the early-stage biotech by analysts.

Biogen will drop work on gosuranemab in progressive supranuclear palsy but continue on in Alzheimer's.