Dividend Aristocrat AbbVie Declares Its Latest Payout; Yield Is 5.3%
One of the top dividend stocks in the healthcare sector is getting ready to hand out some cash to shareholders yet again. AbbVie (NYSE: ABBV) announced Friday that its board of directors has declared a fresh quarterly dividend of $1.18 per share.
This is to be distributed on Nov. 16 to investors of record as of Oct. 15. On Friday's closing share price, it would yield just under 5.3%. That's generous relative to the overall healthcare industry, in which dividends tend to be the exception rather than the rule. It also compares favorably to the yields of many blue chip stocks favored by dividend stock investors.
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Source Fool.com
