AbbVie Declares Quarterly Dividend
- By Alberto Abaterusso
AbbVie Inc. (ABBV) annouced a quarterly dividend of 64 cents per share on Feb. 16.
The dividend will be paid on May 15 to shareholders of record as of April 13.
Based on the quarterly dividend, the annual dividend paid will be $2.56 per share. The dividend yield is 4.14%.
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Reuters. This suggests the company is highly indebted. However, the interest coverage ratio is 8.22, which means AbbVie can easily pay the interest expenses on its outstanding debt.
