February 16, 2007
Abbott ups dividend 10%
By Christina Davis
Abbott Laboratories, which has research and development operations in Worcester, has increased the company's quarterly common dividend 10.2 percent to 32.5 cents per share.
The increase marks the 35th consecutive year the Illinois-based company has increased its dividend payout and the 333rd consecutive quarterly dividend to be paid by Abbott since 1924.
The cash dividend is payable May 15 to shareholders of record at the close of business on April 13.
The increase marks the 35th consecutive year the Illinois-based company has increased its dividend payout and the 333rd consecutive quarterly dividend to be paid by Abbott since 1924.
The cash dividend is payable May 15 to shareholders of record at the close of business on April 13.
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