AbbVie's most recent quarterly dividend was on Oct 12, 2023 (ex-date) with a cash dividend payment of $1.48 per share. On an annualized basis, the company has a current payout of $5.92 per share. This brings the dividend yield to 4.09% based on its recent close price.
ABBV has a dividend yield of 4.09% which is higher than the Healthcare sector, the industry and its peers average. If we compare it with the Healthcare sector average of 1.82%, AbbVie's dividend yield is 125% higher. The historical 5-year average of ABBV's dividend yield is 4.5%, which is more than the current one.
AbbVie has been paying dividends since 2013. ABBV has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. And since the stock price has gone down by 12% from a year ago, the dividend yield has increased by 19%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 12, 2023 | Nov 15, 2023 | Sep 8, 2023 | $1.48 | normal |
| Jul 13, 2023 | Aug 15, 2023 | Jun 22, 2023 | $1.48 | normal |
| Apr 13, 2023 | May 15, 2023 | Feb 16, 2023 | $1.48 | normal |
| Jan 12, 2023 | Feb 15, 2023 | Oct 28, 2022 | $1.48 | normal |
| Oct 13, 2022 | Nov 15, 2022 | Sep 9, 2022 | $1.41 | normal |
| Jul 14, 2022 | Aug 15, 2022 | Jun 23, 2022 | $1.41 | normal |
| Apr 13, 2022 | May 16, 2022 | Feb 17, 2022 | $1.41 | normal |
| Jan 13, 2022 | Feb 15, 2022 | Oct 29, 2021 | $1.41 | normal |
| Oct 14, 2021 | Nov 15, 2021 | Sep 10, 2021 | $1.3 | normal |
| Jul 14, 2021 | Aug 16, 2021 | Jun 17, 2021 | $1.3 | normal |
| Apr 14, 2021 | May 14, 2021 | Feb 18, 2021 | $1.3 | normal |
| Jan 14, 2021 | Feb 16, 2021 | Oct 30, 2020 | $1.3 | normal |
| Oct 14, 2020 | Nov 16, 2020 | Sep 11, 2020 | $1.18 | normal |
| Jul 14, 2020 | Aug 14, 2020 | Jun 17, 2020 | $1.18 | normal |
| Apr 14, 2020 | May 15, 2020 | Feb 20, 2020 | $1.18 | normal |
| Jan 14, 2020 | Feb 14, 2020 | Nov 1, 2019 | $1.18 | normal |
| Oct 11, 2019 | Nov 15, 2019 | Sep 6, 2019 | $1.07 | normal |
| Jul 12, 2019 | Aug 15, 2019 | Jun 20, 2019 | $1.07 | normal |
| Apr 12, 2019 | May 15, 2019 | Feb 21, 2019 | $1.07 | normal |
| Jan 14, 2019 | Feb 15, 2019 | Nov 2, 2018 | $1.07 | normal |
| Oct 12, 2018 | Nov 15, 2018 | Sep 7, 2018 | $0.96 | normal |
| Jul 12, 2018 | Aug 15, 2018 | Jun 14, 2018 | $0.96 | normal |
| Apr 12, 2018 | May 15, 2018 | Feb 15, 2018 | $0.96 | normal |
| Jan 11, 2018 | Feb 15, 2018 | Oct 27, 2017 | $0.71 | normal |
| Oct 12, 2017 | Nov 15, 2017 | Sep 8, 2017 | $0.64 | normal |
| Jul 12, 2017 | Aug 15, 2017 | Jun 22, 2017 | $0.64 | normal |
| Apr 11, 2017 | May 15, 2017 | Feb 16, 2017 | $0.64 | normal |
| Jan 11, 2017 | Feb 15, 2017 | Oct 28, 2016 | $0.64 | normal |
| Oct 12, 2016 | Nov 15, 2016 | Sep 9, 2016 | $0.57 | normal |
| Jul 13, 2016 | Aug 15, 2016 | Jun 16, 2016 | $0.57 | normal |
| Apr 13, 2016 | May 16, 2016 | Feb 18, 2016 | $0.57 | normal |
| Jan 13, 2016 | Feb 16, 2016 | Oct 30, 2015 | $0.57 | normal |
| Oct 13, 2015 | Nov 14, 2015 | $0.51 | normal | |
| Jul 13, 2015 | Aug 14, 2015 | Jun 18, 2015 | $0.51 | normal |
ABBV has a payout ratio of 161.7% which is higher than the Healthcare sector, the industry and its peers average. In comparison with the Healthcare sector average of 39.6%, AbbVie's payout ratio is 308% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PFE Pfizer Inc | 5.7% | $1.64 | 88.6% |
| BMY Bristol Myers Squibb Co | 4.57% | $2.28 | 57.4% |
| ABBV AbbVie Inc | 4.04% | $5.92 | 161.7% |
| GILD Gilead Sciences Inc | 3.75% | $2.98 | 63.3% |
| AMGN Amgen Inc | 3.16% | $8.52 | 60.2% |
| LLY ELI LILLY & Co | 0.77% | $4.52 | 81.6% |
Yes, AbbVie has been paying dividends for the last ten years.
ABBV has announced its next dividend with ex-date Jan 12, 2024.
AbbVie's last dividend ex-date was on Oct 12, 2023. The dividend amount was $1.48 per share.
ABBV's annualized dividend per share is $5.92.
The current dividend yield of AbbVie is 4.09%.
AbbVie has a quarterly dividend frequency.
AbbVie's dividend payout ratio is 161.7%.
AbbVie's dividend yield is more than the Healthcare sector average.