Abbott Labs is a large diversified manufactured of health, pharmaceutical, and medical devices included such brands a Pediasure, EAS, Similac, Ibuprofen. ABT has announced their 2017 dividend increase of just $0.005, bringing the quarterly dividend to $0.265 from $0.26. This represents a 1.92% increase for the year and is also the weakest increase in the dividend since ABT spun off ABBV back in 2013.
This increase falls well short of my $0.02 expected increase. Suffice it to say this year is a disappointment from ABT, both in terms of stock performance and dividend growth. I suspect the company will probably announce some layoffs for cost savings.
The miniscule dividend increase brings the streak of continuous increases to 45 years straight, and the continuous dividend payment streak stands at 93 years.
The current dividend yield on ABT sits at 2.77%.
ABT Dividend History:
I want to take a look at the ABT dividend a few ways, since there was the spinoff of ABBV back in 2013.
This first chart shows the ABT dividend history from 2005-2017, adjusted for the spinoff of ABBV. When you look at the change in the dividend from 2012 to 2013, this was not a decrease that occurred. Shareholders of ABT received shares in ABBV as a result of the spin off, and ABBV paid a dividend. So you got a little increase in your dividend income as a result of the spinoff, just between 2 companies. So yes, ABT has a 45 year dividend increase streak and I’ll show you that in a moment. To calculate the average growth on the dividend, I show a couple of different ways of calculating those figures. You’ll largely want to ignore those figures, since the spinoff adds some complications. This chart is useful for looking at the average growth on the dividend of ABT from 2005-2012
Lets look at what happened in 2013, when ABBV was spun off from ABT.
The above chart shows what happened to the ABT dividend in 2013, a large portion of the dividend payment fell under ABBV.
To make your life simple, I took the time to combine the data of ABT and ABBV.
The above chart combines the dividends of both ABT and ABBV, as if the spinoff never occurred in 2013. For someone that was a long term shareholder of ABT, and kept their shares of ABBV, I think this represents the best true growth in the dividend of ABT. Here you see that average growth of the quarterly dividend from 2005-2017 is 10.50% (arithmetic) and the annual payout amount sits at 10.61%. Your dividend income during that 12 year time frame has grown a total of 233% or a little more than tripled. Not bad.
ABT vs S&P500
I won’t lie, the last year as an ABT shareholder has been disappointing to say the least. However, the last decade ABT has matched the S&P500 performance, while giving shareholders a better dividend yield and better dividend growth.
ABT Key Data:
Market Cap: $57Billion
PE Ratio: 25.78
Dividend Yield: 2.77%
Payout Ratio: 154.55%
Profit Margin: 6.61%
Total Cash: $4.51Billion
Total Debt: $8.51Billion
The payout ratio is scary. However I firmly believe ABT will cut cost and won’t be surprised to hear about layoffs. This company protects the dividend at any cost. Also the 4.51 Billion in cash and the company’s free cash flow provide adequate safety margin on the dividend.
Despite the disappointing year for ABT, I actually think the current price is a buying opportunity to get in on a company with a strong dividend history. Am I worried about the dividend? No, they’ll have a bunch of layoffs to keep the dividend streak going if they need to, as they work to grow earnings. For 2018, I expect ABT to provide an increase of $0.01 per share to the dividend.Follow me on the social medias:
online dr visit free https://edmeds.buszcentrum.com/
why does trump promote hydroxychloroquine https://hydroxychloroquinee.com/
cheap erectile dysfunction http://canadaedwp.com buy prescription drugs from canada cheap
cefixime tablets generic cephalexin
cialis for peyronie low cost cialis
cialis patent expiration
stromectol and doxycycline heartworm treatment https://ivermectin1st.com/
when will viagra be generic https://genericvgr100.online/ best over the counter viagra
canine prednisone 5mg no prescription: buy prednisone – buy prednisone no prescription
Non-specific Dope Here this offshoot
https://cialisoncanada.com cialis in canada
buy prednisone without prescription paypal: generic prednisone – how to purchase prednisone online
cheap alprostadil https://alprostadildrugs.com/ how to get alprostadil injection
singles near you
free local dates
personal loans bad credit
bad credit payday loans
pills for erection: ed pills – what are ed drugs
new ed pills
no rx pharmacy ed drugs – best canadian pharmacy for viagra
cross border pharmacy canada
tindr , tinder app
tinder sign up
This text is invaluable. How can I find out more?
General Information About this product
https://ivermectinstrom.com ivermectin side effects
stromectol how much it cost – stromectol tab 3mg ivermectin 90 mg
buy stromectol online: buy ivermectin – ivermectin 3mg tablets price
cheapest vardenafil online uk – does generic vardenafil work viagra cialis vardenafil order online
buy real vardenafil online – vardenafil online generic vardenafil canada
best ed pills – king canadian pharmacy prescription drugs online
female viagra pills price – viagra soft tabs 100mg can i buy viagra over the counter in india
price of tadalafil 20mg – cialis 10 mg online cialis from singapore
amoxicillin 500 mg cost amoxicillin 500 mg without a prescription – amoxicillin in india
legal to buy prescription drugs from canada ed meds online without doctor prescription – best online pharmacy
ed medicine online canadian pharmacy – canadian world pharmacy
buy metformin 850 mg uk metformin prescription online – 500 metformin
ivermectin 250ml – ivermectin 500mg ivermectin 9 mg tablet
buy metformin 850 mg metformin 500 mg price south africa – metformin 250 mg
Amazing! Its actually amazing piece of writing, I have got much clear idea
concerning from this piece of writing.
General Message Here this offshoot
https://ivermectstromect.com ivermectin tablets over counter
viagra where to buy – buy brand viagra australia sildenafil 25 mg uk
buy oral ivermectin – stromectol medicine
accutane 40 mg – how to buy accutane buy cheap accutane online
stromectol nz – buy ivermectin cream where to buy ivermectin
where to buy cheap cialis online – 100 dollars cialis tadalafil tablet online in india
ivermectin coronavirus – generic name for stromectol stromectol online
what is a specialist physician http://withoutdrvisit.com – can you take viagra with high blood pressure
tadalafil 2.5 mg tablets in india – Cialis generic cialis australia pharmacy
buy prednisone canada – prednisone acetate prednisone 30 mg coupon
isotretinoin 5 mg – accutane 40 mg accutane online
ivermectin 3 mg stromectol – price of stromectol tablets ivermectin generic name
Hi, i read your blog occasionally and i own a similar one and i was
just wondering if you get a lot of spam responses?
If so how do you protect against it, any plugin or anything you can advise?
I get so much lately it’s driving me crazy so any support
is very much appreciated.