Boosting shareholder returns with increased dividend
- Abbott Laboratories increases dividend by 7.8% to 55 cents per share
- New payout represents an annual yield of about 2%
- Dividend payable on Feb. 15 to shareholders of record on Jan. 12
Abbott Laboratories has announced a 7.8% increase in its quarterly common dividend, raising it to 55 cents per share from 51 cents. This new payout, amounting to $2.20 per year, offers shareholders an annual yield of approximately 2%. The dividend is set to be paid on February 15th to shareholders of record as of January 12th, rewarding investors with increased returns.
Public Companies: Abbott Laboratories (ABT)
Private Companies:
Key People:
Factuality Level: 10
Justification: The article provides factual information about Abbott Laboratories increasing its quarterly common dividend by 7.8% to 55 cents a share. It also mentions the new payout of $2.20 a year and the annual yield based on the closing price. The article includes the date of payment and the record date for shareholders. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact. The article is concise and provides accurate and objective information.
Noise Level: 8
Justification: The article provides basic information about Abbott Laboratories increasing its dividend. However, it lacks any analysis, evidence, or actionable insights. It is a straightforward announcement without any additional context or implications discussed. Therefore, it contains mostly noise and filler content.
Financial Relevance: Yes
Financial Markets Impacted: Abbott Laboratories
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to a financial topic as it discusses Abbott Laboratories increasing its quarterly common dividend. There is no mention of an extreme event in the article.
www.marketwatch.com 
