Abbott Labs boosts dividend by additional than 8%

Abbott Laboratories reported Friday early morning that it would be increasing its dividend to 51 cents a share. The enhance quantities to a 8.5% bump relative to the company’s prior quarterly dividend of 47 cents a share. Abbott Labs pointed out in the release that it has upped its dividend for 51 consecutive yrs. Shares are up .9% in Friday morning investing. They have dropped 19% in excess of the previous 12 months as the S&P 500 index has fallen 15%.

…