Building Consistent Income in a Dividend Stock Portfolio with Abbott Laboratories (ABT)
Group 1 - Abbott Laboratories (NYSE:ABT) is recognized as one of the Best Retirement Stocks for a Dividend Stock Portfolio [1] - The company operates in four main areas: medical devices, established pharmaceuticals, diagnostics, and nutrition, which helps balance performance across segments [2] - Abbott's FreeStyle Libre product line, a continuous glucose monitoring system, is a significant growth driver with substantial expansion potential [3] Group 2 - Abbott declared a quarterly dividend of $0.59 per share on September 19, maintaining its previous dividend level, and has increased dividends for 53 consecutive years [4] - As of September 21, Abbott's stock has a dividend yield of 1.73% [4]