Abbott Increases Quarterly Dividend for 53rd Consecutive Year

Core Points - Abbott has increased its quarterly common dividend to 59 cents per share, marking a 7.3% increase [1] - The company's quarterly dividend payout has risen more than 60% since 2020 [1] - This increase represents Abbott's 53rd consecutive year of dividend growth and the 404th consecutive quarterly dividend since 1924 [2] Financial Highlights - The cash dividend is payable on February 14, 2025, to shareholders of record as of January 15, 2025 [2] - Abbott is part of the S&P 500 Dividend Aristocrats Index, which includes companies that have raised dividends annually for at least 25 consecutive years [2] Company Overview - Abbott is a global healthcare leader with a diverse portfolio that includes diagnostics, medical devices, nutritionals, and branded generic medicines [3] - The company employs approximately 114,000 colleagues and serves customers in over 160 countries [3]