ABBOTT PARK, Ill., Sept. 12 /PRNewswire-FirstCall/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 36 cents per share.
This marks the 339th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Nov. 15, 2008, to shareholders of record at the close of business on Oct. 15, 2008.
Abbott has increased its dividend payout for 36 consecutive years -- including a 10.8 percent increase earlier this year -- and was named to the Fortune 40: Best stocks to retire on. Additionally, since the debut of the S&P 500 in 1957, Abbott has had the second-highest average annual return of all originally listed companies, in part because of its dividend yield.
Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 68,000 people and markets its products in more than 130 countries.
Abbott's news releases and other information are available on the company's Web site at http://www.abbott.com.
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