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SMALL BUSINESS
Abbott Declares 343rd Consecutive Quarterly Dividend
ABBOTT PARK, Ill., Sept. 17 /PRNewswire-FirstCall/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 40 cents per share.
This marks the 343rd consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Nov. 15, 2009, to shareholders of record at the close of business on Oct. 15, 2009.
Abbott has increased its dividend payout for 37 consecutive years - including an 11 percent increase earlier this year - and was again named to the Fortune 40: Best stocks to retire on. Additionally, Abbott is a top performer of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for 25 consecutive years.
About Abbott
Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 72,000 people and markets its products in more than 130 countries.
Abbott's news releases and other information are available on the company's Web site at www.abbott.com.
SOURCE Abbott