02-16-2018, 02:46 AM
(02-15-2018, 06:34 PM)Vincenzo Wrote:(02-15-2018, 05:17 PM)EricL Wrote: AbbVie (NYSE:ABBV) declares $0.96/share quarterly dividend, 35.2% increase from prior dividend of $0.71.
Forward yield 3.36%
Payable May 15; for shareholders of record April 13; ex-div April 12.
Holy Hannah! Nice.
It sure is! howvever, is this because of the tax regultions? Because if it's a one-time pile of cash raising a regular dividend I'm a little worried if this increased dividend will be sustainable. A special dividend may have been better.