Abbott (NYSE:ABT) announced today that it has declared a quarterly common dividend of 36¢ per share.
The Abbott Park, Ill.-based company said in a news release that the declaration marks the 386th consecutive quarterly dividend paid by the company since 1924. The dividend is payable on Aug. 17, 2020, to shareholders of record at the close of business on July 15, 2020.
Abbott said it has increased its dividend payout for 48 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, tracking companies that have increased dividends every year for at least 25 consecutive years.
Shares of ABT were up 0.8% at $88.44 per share in mid-afternoon trading today.