Dividend Aristocrat Abbott (ABT) will raise its quarterly dividend by 9.1 percent from $0.22 to $0.24 per share, marking the 43rd consecutive year of dividend increases. This follows a 57.1 percent hike last year.
Abbott Laboratories is engaged in the discovery, development, manufacture and sale of a range of healthcare products. The company's products include pharmaceuticals, nutritional, diagnostics, and vascular products. The Pharmaceutical Products segment includes a range of branded generic pharmaceuticals. Abbott’s Nutritional Products include a range of pediatric and adult nutritional products. Through St. Jude Medical the company offers products, such as rhythm management products, electrophysiology products, heart failure related products, vascular products, structural heart products and neuromodulation products. Abbott has paid consecutive quarterly dividends since 1924.