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Abbott Laboratories (Abbott Laboratories) 3-Year Dividend Growth Rate

: 12.30% (As of Dec. 2023)
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Abbott Laboratories's Dividends per Share for the three months ended in Dec. 2023 was $0.51.

The historical rank and industry rank for Abbott Laboratories's 3-Year Dividend Growth Rate or its related term are showing as below:

ABT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -31.2   Med: 11.5   Max: 22.9
Current: 12.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Abbott Laboratories was 22.90% per year. The lowest was -31.20% per year. And the median was 11.50% per year.

ABT's 3-Year Dividend Growth Rate is ranked worse than
50.57% of 174 companies
in the Medical Devices & Instruments industry
Industry Median: 12.45 vs ABT: 12.30

During the past 12 months, Abbott Laboratories's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Abbott Laboratories's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.43. As of today, Abbott Laboratories's Dividend Yield % is 2.02%.

Good Sign:

Abbott Laboratories stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Medical Devices subindustry, Abbott Laboratories's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abbott Laboratories 3-Year Dividend Growth Rate Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Abbott Laboratories's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Abbott Laboratories's 3-Year Dividend Growth Rate falls into.



Abbott Laboratories 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Abbott Laboratories  (NYSE:ABT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Abbott Laboratories's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.51/ 1.19
=0.43

During the past 13 years, the highest Dividend Payout Ratio of Abbott Laboratories was 5.64. The lowest was 0.46. And the median was 0.60.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Abbott Laboratories Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5502024-04-122024-04-152024-05-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5502024-01-112024-01-122024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5102023-10-122023-10-132023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5102023-07-132023-07-142023-08-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Abbott Laboratories's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.12/105.27
=2.01 %

Current Share Price is $105.27.
Abbott Laboratories's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.12.

During the past 13 years, the highest Dividend Yield of Abbott Laboratories was 4.79%. The lowest was 1.12%. And the median was 1.75%.

Good Sign:

Abbott Laboratories stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abbott Laboratories 3-Year Dividend Growth Rate Related Terms>


Abbott Laboratories (Abbott Laboratories) Business Description

Address
100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.
Executives
Andrea F Wainer officer: Executive Vice President 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Daniel J Starks director ONE ST JUDE MEDICAL DRIVE, ST PAUL MN 55117
Mccoy John A. Jr. officer: VICE PRESIDENT C/O ABBOTT LABORATORIES, 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Michael F Roman director 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Patricia Paola Gonzalez director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Louis H. Morrone officer: EXECUTIVE VICE PRESIDENT 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Philip P Boudreau officer: Vice President 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Michael O'grady director 50 S LASALLE STREET, CHICAGO IL 60603
Gregory A Ahlberg officer: Senior Vice President 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Randel William Woodgrift officer: Senior Vice President 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
John F Ginascol officer: Executive Vice President 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Salvadori Daniel Gesua Sive officer: Senior Vice President 100 ABBOTT PARK ROAD, AP6A-2, D-032L, ABBOTT PARK IL 60064-6092
Mary K Moreland officer: Executive Vice President 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Lisa D Earnhardt officer: Executive Vice President 1555 ADAMS DRIVE, C/O INTERSECT ENT, INC., MENLO PARK CA 94025
Robert E Funck officer: Vice President, Controller 100 ABBOTT PARK ROAD, D-378, AP6D-2, ABBOTT PARK IL 60064-6092

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