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Abbott Laboratories (ABT): A Healthcare Leader Offering Dividend Value and Growth
Yahoo Financeยท 2025-09-29 16:41
Core Insights - Abbott Laboratories (NYSE:ABT) is recognized as one of the 11 Best Value Dividend Stocks to buy currently [1] - The company operates in four main segments: established pharmaceuticals, diagnostics, nutrition, and medical devices [2] Dividend Information - On September 19, Abbott declared a quarterly dividend of $0.59 per share, maintaining its previous dividend level [3] - Abbott has increased its dividend payouts for 53 consecutive years, showcasing its status as a strong dividend stock [3] - The current dividend yield stands at 1.77% as of September 26 [3] Business Performance - The pandemic significantly boosted Abbott's performance due to high demand for rapid COVID-19 tests, although sales in this category have since declined [4] - Core operations remain robust, with the FreeStyle Libre, a leading continuous glucose monitoring system, being a key growth driver due to its increasing sales [4]