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Dec. 13, 2019, 10:54 a.m. EST

Abbott Labs raises quarterly dividend by 12.5% to 36 cents a share

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By Ciara Linnane

Abbott Laboratories /zigman2/quotes/203724446/composite ABT -0.36% said Friday its board has approved a 12.5% increase in its quarterly dividend to 36 cents a share. The new dividend will be payable Feb. 14 to shareholders of record as of Jan. 15. Abbott shares were slightly higher Friday, but have gained 19% in 2019, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.90% has gained 26%.

/zigman2/quotes/203724446/composite
US : U.S.: NYSE
$ 90.40
-0.33 -0.36%
Volume: 4.22M
Jan. 24, 2020 6:30p
P/E Ratio
43.80
Dividend Yield
1.59%
Market Cap
$160.36 billion
Rev. per Employee
$296,874
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/zigman2/quotes/210599714/realtime
US : S&P US
3,295.47
-30.07 -0.90%
Volume: 2.11B
Jan. 24, 2020 5:00p
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