Dividend Increase AbbVie

During the presentation of the Q3 results AbbVie announced a quarterly dividend increase from $0,96 to $1,07 per share. This means an increase of 11.5%.

I own 35 shares of AbbVie. As a result my yearly estimated dividend income will increase with $15,40. My yield on cost after this dividend increase is 5,17%.

2 thoughts on “Dividend Increase AbbVie”

Mr. Robot says:

November 3, 2018 at 7:42 pm

That’s what I’m talking about!

It adds $7,60 post tax to my yearly total! I would have to add $190 at a yield of 4% to get that amount.
1. Erik says:
  
  November 3, 2018 at 9:10 pm
  
  AbbVie is a good sample of what compounding brings.

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