Why AbbVie Remains One Of My Favorite Dividend Growers
AbbVieAbbVie(US:ABBV) Seeking Alpha·2024-08-27 20:40

amphotora/E+ via Getty Images Introduction On May 29, I wrote an article titled "Looking For Both Income And Growth? 4%-Yielding AbbVie Has You Covered." Since then, shares of the Abbott Laboratories (ABT) spin-off have returned roughly 30%, beating the S&P 500 by 23 points. Since becoming independent in April 2012, AbbVie Inc. (NYSE:ABBV) has returned 810%, beating both the S&P 500 and the healthcare ETF (XLV). Data by YCharts Although I'm obviously happy, my thesis has turned out to be correct, it's impor ...

Why AbbVie Remains One Of My Favorite Dividend Growers - Reportify