Abbott (NYSE: ABT) has declared a quarterly dividend of $0.48 per common share, $1.92 annualized. The dividend is a 9% increase from the current rate of $0.44.
The cash dividend is payable May 16, 2011, to shareholders of record at the close of business on April 15, 2011. The ex-dividend date is April 13, 2011.
Yield on the dividend is 4.1%.
Disclosure I am long abt shares.
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