ABBOTT PARK, Ill., Feb. 17, 2012 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today increased the company's quarterly common dividend from 48 cents per share to 51 cents per share.
This marks the 40th consecutive year that Abbott has increased its dividend payout and the 353rd consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable May 15, 2012, to shareholders of record at the close of business on April 13, 2012.
Only 1 percent of companies listed on the S&P 500 Index have achieved this level of consecutive annual increases and payments. Beginning in 1973, Abbott has increased its quarterly dividend, adjusting for stock splits, from less than a penny per share to 51 cents per share today.
Additionally, Abbott is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividends for 25 consecutive years.
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 approximately 91,000 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.
Please be aware that the website you have requested is intended for the residents of a particular country or countries, as noted on that site. As a result, the site may contain information on pharmaceuticals, medical devices and other products or uses of those products that are not approved in other countries or regions.
The website you have requested also may not be optimized for your specific screen size.
Links which take you out of Abbott worldwide websites are not under the control of Abbott, and Abbott is not responsible for the contents of any such site or any further links from such site. Abbott is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Abbott.
The website that you have requested also may not be optimized for your screen size.