Abbott Declares 350th Consecutive Quarterly Dividend
By Abbott, PRNEThursday, June 9, 2011
ABBOTT PARK, Illinois, June 10, 2011 -
- Abbott's record of consecutive dividends and annual increases is
equaled by only four companies listed on the S&P 500 Index
The board of directors of Abbott (NYSE: ABT) today declared a quarterly
common dividend of 48 cents per share. This marks the company's 350th
consecutive quarterly dividend to be paid since 1924.
In February, Abbott increased its dividend payout for the 39th
consecutive year. Only 1 percent of companies listed on the S&P 500 Index
have achieved this level of consecutive annual increases and payments.
The cash dividend is payable Aug. 15, 2011, to shareholders of record at
the close of business on July 15, 2011.
Abbott is also a member of the S&P 500 Dividend Aristocrats Index
(www.standardandpoors.com/indices/sp-500-dividend-aristocrats/en/us/?indexId=spusa-500dusdff–p-us—-)
, 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.
Media, Adelle Infante, +1-847-938-8745, or Financial, Larry Peepo, +1-847-935-6722
Tags: Abbott, Abbott park, Illinois, June 10