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 3.9% 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 is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.77% of the SPDR S&P Dividend ETF (SDY), which holds $272,268,804 worth of ABBV shares.
AbbVie Inc 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 is $2.56 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 04/11/2017.
Below is a long-term dividend history chart for ABBV, which the report stressed as being of key importance.
More From InvestorPlace
- 7 Cheap Dividend Stocks to Buy Now
- The 7 Best ETFs for Retirement Investors
- 7 Blue-Chip Stocks That Are Flush With Cash