Should You Buy AbbVie for the Dividend?

AbbVie Inc (NYSE: ABBV) has been on a downward spiral since early 2018. Year to date, the company's share price has decreased by about 26%. This prolonged slump is unprecedented for AbbVie, at least since the firm spun off from Abbott Laboratories (NYSE: ABT). Despite these headwinds, it is hard to ignore AbbVie's stellar dividend history, and its juicy 6.1% dividend. However, a company's ability to sustain its dividends is a function of its earnings prospects. Can AbbVie continue to generate the income necessary to keep its dividends intact? 

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Humira and beyond 

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Source Fool.com