Abbott Raising Quarterly Dividend for 45th Straight Year

ABBOTT PARK, Ill., Dec. 9, 2016 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today increased the company's quarterly common dividend to 26.5 cents per share from 26 cents per share.

This marks the 372nd consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Feb. 15, 2017, to shareholders of record at the close of business on Jan. 13, 2017.

Abbott has increased its dividend payout for 45 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have increased dividends annually for at least 25 consecutive years.

About Abbott:

Abbott is a global healthcare company devoted to improving life through the development of products and technologies that span the breadth of healthcare. With a portfolio of leading, science-based offerings in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals, Abbott serves people in more than 150 countries and employs approximately 74,000 people.

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For further information: Abbott Media: Elissa Maurer, (224) 668-3309; Abbott Financial: Scott Leinenweber, (224) 668-0791