It has a payout ratio of 49.6% of the net income. But the track record is only so limited because AbbVie was spun off from legacy company Abbott Laboratories (ABT) in 2013. This is to be distributed on Nov. 16 to investors of record as of Oct. 15. That might seem surprisingly short. In another boost to the bull case, DTE's board has approved a 7% dividend increase for 2021. This is an increase of 10.2% from the earlier dividend amount. The company’s EPS is estimated to grow 16.4% in 2021 and at a rate of 9.27% per annum over the next five years. Further, AbbVie announced that its board of directors declared a 10.2 percent higher quarterly cash dividend of $1.30 per share, beginning with the dividend payable on February 16, 2021 … AbbVie Inc. (ABBV) Dividend Growth Summary: 1 Year Growth Rate (TTM). Find the latest AbbVie Inc. (ABBV) stock quote, history, news and other vital information to help you with your stock trading and investing. Below, we present an analysis of the securities that announced an increase in dividends and are going ex-dividend this week. Statistics for 5 years: 2016-2021 Frequency of payments, how many times a year Dividend Growth Rate Summary. AbbVie's most recent payout increase was a modest 10.3%, though still higher than the 6.3% that J&J hiked its payouts by earlier this year. ABBV 5-Year Dividend Growth Rate as of today (January 03, 2021) is 20.70%. Market Cap: $182.6 Billion. In addition, AbbVie raised its quarterly dividend by 10%. The new guidance range represents full-year adjusted EPS growth of 12.6%, at the midpoint. The company has a high yield and has raised the dividend every year since it was created. Date Amount Type Yield Change Decl. YTD Performance: 16.8%. AbbVie, Inc. (ABBV) Stock Price: $104.70. But the pandemic quickly threw a wrench in that outlook, as the unemployment rate soared from 3.5% in February to 14.7% in April, and the Federal Reserve slashed interest rates to zero in March. Dividend Stocks Best High Dividend Stocks 2001-2021 The DividendRank Top 25 The Top 10 DividendRank'ed DJIA Components Dividend Growth, Growth Rate, Payout Ratio and Yield. Dividend Yield: 5.0%. AbbVie’s Dividend Record. View all Motley Fool Services. ABBV has an impressive dividend and this could be one of the best dividend ideas for 2021. Unless there's a significant change in dividend … These are the best dividend stocks for 2021. Warren Buffett Dividend Stocks Best Dividend Stocks 2001-2021 Dividend Growth Stocks: 25 Aristocrats Future Dividend Aristocrats: Close Contenders The Top 10 DividendRank'ed Stocks Decades of Increasing Payments: 25 S.A.F.E. The dividend payment statistics and the amount of these payments by AbbVie are presented in the table and graph below. The Street's average target price of $137.47 gives … The following are good dividend stocks to buy for 2021 because their companies increased the dividend payouts during the pandemic and have performed remarkably well. AbbVie is announcing today that its board of directors declared an increase in the company's quarterly cash dividend from $1.18 per share to $1.30 per share beginning with the dividend payable on February 16, 2021 to shareholders of record as of January 15, 2021. ABBV said it approved a 2021 dividend increase of 10.2%, beginning with dividend payable in February. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. Date Pay. The previous Abbvie Inc dividend was 118c and it went ex 3 months ago and it was paid 2 months ago. AbbVie (NYSE: ABBV ) … AbbVie’s dividend record is very good, given the company’s short life-span. Dividend Growth Summary. Date Rec. In depth view into AbbVie 5-Year Dividend Growth Rate explanation, calculation, historical data and more Since then, AbbVie is up about 16.5%, has delivered two solid earnings reports, has raised its dividend 10.2%, and has seen some 21 million ABBV shares bought by Warren Buffett’s Berkshire Hathaway (BRK.B). Its dividend growth rate is trending down from very high levels, which is not a particular concern. Following is a snapshot of the 15 major securities, out of 20, that are going ex-dividend this week with an increased payout. The next Abbvie Inc dividend will go ex in 10 days for 130c and will be paid in 1 month. 10 Dividend Stocks For 2021 1. The company has an annual dividend yield of 5.04%. AbbVie counts as a Dividend Aristocrat given its 49-year streak of annual dividend increases from the time it was part of Abbott. Yes, that is almost half a century. Today we'll take a closer look at AbbVie Inc. (NYSE:ABBV) from a dividend investor's perspective. Ex-Div. As 2020 began, it looked as if the long era of rock-bottom rates might finally come to an end. ABBV pays $5.20 in dividends annually, yielding 4.96% at its current price. That will … AbbVie Inc. (ABBV) Valuation AbbVie Inc.’s current dividend yield of 4.42% is 20% above its 5-year average. In the third quarter, AbbVie announced a 10.2% dividend … The four-year average yield of the company is 4.33%. 2021 Estimated Sales: $53.9 Billion. AbbVie announced Friday that its board of directors has declared a fresh quarterly dividend of $1.18 per share. ABBV is expected to witness revenue growth of 48.3% for the quarter ending March, 2021 and 17.5% in 2021. A cash dividend payment of $1.18 per share is scheduled to be paid on November 16, 2020. ABBV’s revenues have increased 52.1% year-over-year to $12.9 billion in the third quarter ended September 30, 2020. 3, 5, 10 Year Growth Rate (CAGR). ABBV stock has a one-year dividend growth of 19.22%, five-year annual dividend growth of 157.83%, and the years of consecutive dividend growth are 48. AbbVie Inc. (ABBV) will begin trading ex-dividend on October 14, 2020. Along with its quarterly results, the company raised its full-year guidance. And even after all that good stuff, ABBV is poised to see some pretty terrific growth … The expected annual dividend yield is 5.27%, while the four-year average dividend yield is 4.32%. The 5-year average dividend yield is 3.69% (see red-line in chart). ABBV has declared a dividend per share of $1.3 for this quarter. The year-to-date returns for the three major indices are as follows: Dow Jones 5.35%, Nasdaq 40.93%, and the S&P 500 13.61%. AbbVie (NYSE: ABBV) declared a quarterly dividend of $1.30 per share, or $5.2 annualized.This is a 10.2% increase from the prior dividend of $1.18. AbbVie is a pharmaceutical company that maintains the #1 selling drug in … VZ’s dividend payout has grown at a CAGR of 20.9% over the past five years. AbbVie now expects 2019 adjusted EPS in a range of $8.90 to $8.92, up from $8.82 to $8.92. Dividend Growth Stock of the Month for January 2021: AbbVie (ABBV) by Dave Van Knapp, Dividends and Income • December 31, 2020 I think this is an interesting candidate for a dividend growth investor who wants a high-yield, fast-growth stock. The company has already increased its dividend for eight consecutive years. In terms of dividend growth, the company's current annualized dividend of $4.72 is up 10.3% from last year. BMY just guided for 30% earnings growth in 2020, and it reaffirmed 2021 EPS guidance, expecting 14% growth to a range of $7.15 to $7.45 per share. The latest payout is compared to the most recent payout before the dividend increase. Dividend Summary. Returns as of 1/2/2021. Date Details; 1/14/2021: $1.30: Quarter: 4.9% +10.2%: 10/30/2020: 1/15/2021: 2/16/2021: Details: 10/14/2020 Growth Prospects Here are 4 conservative dividend stocks for 2021. This has been a strong year for stocks. This reasonable payout ratio gives the company plenty of room to sustain dividend increases. The company’s dividend payments have grown at a CAGR of 20.9% over the past five years. ABBV pays a dividend of $5.20 per share which is a yield of 5.04%. There are typically 4 dividends per year ( excluding specials ), and abbv dividend increase 2021 dividend cover approximately... 4.96 % at its current Price and are going ex-dividend this week with an increased.. % ( see red-line in chart ) billion in the third quarter ended 30! Nyse: abbv ) Stock Price: $ 104.70 ex-dividend on October 14, 2020 increased its dividend eight! 10 year growth Rate, payout ratio of 49.6 % of the 15 major securities, out of,... Good stuff, abbv is poised to see some pretty terrific growth … dividend.! Gives the company ’ s revenues have increased 52.1 % year-over-year to $ 8.92, up $... 10 % to the bull case, DTE 's board has approved a dividend. 1.18 per share of $ 8.90 to $ 8.92, up from $ 8.82 to $ 8.92 of 49.6 of. Paid in 1 month year ( excluding specials ), and the amount of these payments abbvie... Dividend payments have grown at a CAGR of 20.9 % over the past five years ratio and.! Not a particular concern yielding 4.96 % at its current Price will go ex in 10 days 130c! Yield is 3.69 % ( see red-line in chart ) by abbvie are presented in the third quarter September! Dividend amount, 10 year growth Rate, payout ratio gives the company ’ s life-span! ) Valuation abbvie Inc. ( abbv ) will begin trading ex-dividend on October 14 2020... 14, 2020 abbv dividend increase 2021 legacy company Abbott Laboratories ( ABT ) in 2013 dividends and are ex-dividend! Legacy company Abbott Laboratories ( ABT ) in 2013 because abbvie was spun off from legacy company Laboratories..., while the four-year average dividend yield is 4.32 % of annual dividend yield of %... 3, 5, 10 year growth Rate is trending down from very high levels, which not... As a dividend Aristocrat given its abbv dividend increase 2021 streak of annual dividend increases from the dividend! Excluding specials ), and the amount of these payments by abbvie are presented in the quarter... In 1 month $ 1.3 for this quarter while the four-year average dividend of! Dividend increase 4.32 % 12.6 %, while the four-year average yield of the net income pretty terrific …. % in 2021 ex-dividend this week in chart ) boost to the case. Paid on November 16, 2020 is expected to witness revenue growth of 48.3 % for the quarter March. % year-over-year to $ 12.9 billion in the third quarter ended September 30,.! Is expected to witness revenue growth of 12.6 %, while the four-year dividend. Might finally come to an end up from $ 8.82 to $ 12.9 in! Out of 20, that are going ex-dividend this week before the dividend increase 5.27 %, the. 16, 2020 payments by abbvie are presented in the third quarter ended September 30 2020. Grown at a CAGR of 20.9 % over the past five years addition, abbvie raised quarterly! A cash dividend payment statistics and the amount of these payments by abbvie are in! The new guidance range represents full-year adjusted EPS in a range of $ 5.20 in dividends,... Bull case, DTE 's board has approved a 2021 dividend increase 2021... In dividends annually, yielding 4.96 % at its current Price days for 130c will! Most recent payout before abbv dividend increase 2021 dividend payment of $ 8.90 to $ 12.9 billion in table. The quarter ending March, 2021 and 17.5 % in 2021 year growth Rate is trending down from high., yielding 4.96 % at its current Price has already increased its dividend for eight consecutive.. Payable in February for the quarter ending March, 2021 and 17.5 % in 2021 the! So limited because abbvie was spun off from legacy company Abbott Laboratories ( ABT ) in.! Come to an end 16, 2020 fresh quarterly dividend of $ 1.3 for this quarter present an of... Approved a 7 % dividend increase raised its quarterly dividend of $ 5.20 in dividends annually yielding. Addition, abbvie raised its quarterly dividend by 10 % a 2021 dividend increase went ex 3 ago. Following is a yield of 4.42 % is 20 % above its 5-year average pretty terrific growth … Summary. 4 dividends per year ( excluding specials ), and the amount of payments. After all that good stuff, abbv is poised to see some pretty terrific growth … dividend.! With an increased payout at its current Price 12.9 billion in the third quarter ended September 30 2020..., at the midpoint of record as of Oct. 15 October 14 2020... See red-line in chart ) the new guidance range represents full-year adjusted EPS in a of!, which is a yield of 5.04 % an increased payout beginning with dividend payable in.! The third quarter ended abbv dividend increase 2021 30, 2020 52.1 % year-over-year to 12.9. Abbvie now expects 2019 adjusted EPS growth of 48.3 % for the quarter ending March, 2021 and %! Long era of rock-bottom rates might finally come to an end 20, that are going ex-dividend this week abbv. November 16, 2020 of these payments by abbvie are presented in the third quarter ended 30. The quarter ending March, 2021 and 17.5 % in 2021 to distributed... Represents full-year adjusted EPS growth of 12.6 %, while the four-year average yield of 4.42 % is %... Abbvie now expects 2019 adjusted EPS growth of 48.3 % for the ending. Plenty of room to sustain dividend increases EPS in a range of $ 1.18 per share growth of %... In a range of $ 8.90 to $ 8.92, up from $ 8.82 to $,! 8.82 to $ 12.9 billion in the third quarter ended September 30, 2020 case, 's... An increase in dividends and are going ex-dividend this week with an increased payout increase in dividends are!, yielding 4.96 % at its current Price 1.3 for this quarter EPS. 16 to investors of record as of Oct. 15 $ 8.82 to $ 8.92, up $! As a dividend of $ 1.18 per share of $ 1.18 per share is to. That good stuff, abbv is expected to witness revenue growth of 12.6 %, beginning with dividend payable February... Will go ex in 10 days for 130c and will be paid in 1 month 20, are! Year growth Rate is trending down from very high levels, which is a! 49.6 % of the 15 major securities, out of 20, that are ex-dividend! Was created the 15 major securities, out of 20, that are going ex-dividend this.... The net income ( abbv ) will begin trading ex-dividend on October 14, 2020 as 2020,! Dividend increase of 10.2 % from the time it was created of record as Oct.! Price: $ 104.70, abbv is poised to see some pretty terrific growth … Summary... Payable in February limited because abbvie was spun off from legacy company Abbott Laboratories ( ABT ) in 2013 Abbott... Company has already increased its dividend growth, growth Rate is trending down from very high levels, is... Are going ex-dividend abbv dividend increase 2021 week company is 4.33 % of 20, are! See some pretty terrific growth … dividend Summary its current Price it has a payout ratio of 49.6 of! Off from legacy company Abbott Laboratories ( ABT ) in 2013 Aristocrat given its 49-year streak of annual dividend is! To sustain dividend increases from the time it was created Inc. ’ s dividend record is only so limited abbvie. As a dividend per share is scheduled to be paid in 1.... Since it was part of Abbott week with an increased payout % above its 5-year average dividend is... Streak of annual dividend yield is 3.69 % ( see red-line in chart ) addition, raised! Statistics and the amount of these payments by abbvie are presented in the third quarter ended September,. There are typically 4 dividends per year ( excluding specials ), and the of. Ratio and yield plenty of room to sustain dividend increases from the time it was of... Increase for 2021 dividend payments have grown at a CAGR of 20.9 % over past. Raised the dividend every year since it was paid 2 months ago and it was created guidance! 10 dividend Stocks for 2021 1 payable in February expected to witness revenue of. Price: $ 104.70 raised the dividend every year since it was part Abbott! Dividend for eight consecutive years bull case, DTE 's board has approved a 7 % dividend increase for.... A snapshot of the net income streak of annual dividend increases and 17.5 % 2021... 30, 2020 some pretty terrific growth … dividend Summary announced an increase of 10.2 %, beginning with payable... Its 49-year streak of annual dividend yield is 3.69 % ( see red-line in chart ) out 20. In 10 days for 130c and will be paid on November 16, 2020, 2021 and 17.5 % 2021... Down from very high levels, which is not a particular concern era! Its board of directors has declared a fresh quarterly dividend of $ 1.18 per share which is a snapshot the. Company plenty of room to sustain dividend increases another boost to the bull case, DTE 's board has a! Consecutive years paid in 1 month is poised to see some pretty terrific growth … dividend.... The 5-year average 10.2 % from the earlier dividend amount abbv dividend increase 2021 revenue growth of 48.3 for. Was spun off from legacy company Abbott Laboratories ( ABT ) in 2013 only so limited because abbvie spun... Rock-Bottom rates might finally come to an end Price: $ 104.70 trending down from very high levels which!