Reported 2 days ago
AbbVie Inc. (NYSE:ABBV), a pharmaceutical company known for its strong dividend performance since its spinoff from Abbott Laboratories in 2013, is listed among the best dividend-paying stocks. With a current yield of 2.9% and a growth rate of 7% over the past five years, AbbVie has consistently raised its dividends, offering $1.64 per share quarterly. Despite challenges like loss of patent protection on key products, AbbVie maintains a healthy payout ratio under 50% and continues to invest heavily in research and development, making it a compelling long-term investment option.
Source: YAHOO