ABBV Dividend Raise.

image   Nov 2 (Reuters) – AbbVie Inc: ABBVIE – BOARD DECLARED INCREASE IN QUARTERLY CASH DIVIDEND FROM $0.96/SHARE TO $1.07/SHARE.

AbbV is a newer position to the protfolio and it raised its dividend quickly after i bought a few shares. I had bought a total of 16 shares by the time the raise was announced. Some headwinds have depressed the price but im cofident it is a strong company and will continue to pay dividends for years to come.

 

Now the details 16 shares times .11 equates to $1.76 a quarter or $7.04 a year.    Already getting raises for next year and will help out a lot.   Eventually these raises will help put me over the  crossing point to wear i wont have anything to worry about just kick back and collect the dividend.  This will take effect for the Feb 2019 dividend payment.

 

ABBV $7.04

IRM $1.034

2019 total increases $8.074

Have you had any raises lately?

 

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Author: dividendsandhobbies

A Christian first and foremost. I love to invest fish grow a garden etc.

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