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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AbbVie Inc | NYSE:ABBV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.98 | 1.85% | 163.79 | 164.25 | 160.74 | 161.85 | 5,850,104 | 01:00:00 |
By Michael Dabaie
AbbVie Inc. said it raised its quarterly dividend by 8.5%.
The biopharmaceutical company said its board of directors increased the cash dividend to $1.41 a share from $1.30.
"We remain highly confident in AbbVie's long-term outlook and are once again raising our dividend, which has grown over 250 percent since inception," said Chief Executive Richard A. Gonzalez.
Shares rose 3% premarket to $113.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
October 29, 2021 08:26 ET (12:26 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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