AbbVie a Top Ranked SAFE Dividend Stock With 3.0% Yield (ABBV)
Mon, Sep 11, 8:14 AM ET, by ETF Channel
AbbVie Inc (ABBV) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.0% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, AbbVie Inc is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 3138602.06% of the SPDR S&P Dividend ETF (SDY), which holds $249,299,162 worth of ABBV shares.
AbbVie Inc (ABBV) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by AbbVie Inc is $2.56/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/11/2017. Below is a long-term dividend history chart for ABBV, which the report stressed as being of key importance.
ABBV operates in the Drugs & Pharmaceuticals sector, among companies like Johnson & Johnson (JNJ), and Novartis (NVS).
Read the original article at ETF Channel: AbbVie a Top Ranked SAFE Dividend Stock With 3.0% Yield (ABBV)
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