With that being said, let’s take a look back at my November 2020 dividend income. Fortunes will be made and lost in 2021. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Robert B. Ford, the company's president and chief executive, said, "The increase reflects the strength and momentum of Abbott's diversified business and our ability to invest in future growth while returning immediate value to shareholders." While they won’t get there this year, ED is closing in on becoming a Dividend King! The dividend is payable on Feb. 16, 2021, to shareholders of record on Jan. 15, 2021, the company said. Comcast’s latest battle was the launching of NBC’s Peacock streaming service and taking hit shows like The Office off of Netflix. ABT Dividend Date. ABT made a splash in December when it announced a 25% increase to its payout, to 45 cents per share. However, out of left field, Lanny caught that the company announced a 23% dividend increase! Get full details—names, tickers, best-buy prices and more—on all 7 of these stout dividend growers now. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. If you want to catch them all, definitely subscribe and don’t miss our weekly dividend updates! Also, Abbott’s free cash flow (FCF) coverage ratio was 1.4 before the hike. Earnings Growth ... Ex-Date: Jan 14, 2021. Dividend Data Trading Data Fwd Annualized Dividend / Yield It could be a great sign for the sector, and other large restaurant chains, as we kick off 2021. I call them “recession-proof” because they have the perfect mix of qualities that enable them to deliver reliable, predictable returns of 12% to 20% every year, regardless of whether we’re in a bull market or a bear. Here’s why. This slide show lists the 20 companies that have the lowest average analyst recommendations from Wall Street's equities research analysts over the last 12 months. ... abt will be $127 by the end of the month. Find the latest Abbott Laboratories (ABT) stock quote, history, news and other vital information to help you with your stock trading and investing. We loved this increase so much that we feature Abbott vs. AbbVie in one of our recent dividend stock showdown Youtube videos. ABBOTT PARK, Ill., Dec. 11, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 45 cents per share, reflecting a 25% increase. Dividend Summary. Man Who Predicted March 2020 Crash Makes Bold Tech Stock Prediction. The company is expected to earn $8.32/share in 2021. AT&T’s shockingly announced the same dividend last month. My YOC is up over 6% now. Abbott has certainly delivered the goods, however. The Pharmaceutical Sector: Pfizer (PFE) , Bristol-Myers Squibb (BMY), Eli LIlly (LLY) – Rather than list each individual company separately. I’m also not talking just plastic—Mastercard knows that digital currencies, not credit cards, could be the future, and it’s already developing technologies to ensure it’s relevant there, too. Hopefully you are all starting to see why we love dividend investing. AbbVie’s dividend record is very good, given the company’s short life-span. Nobody expects what they're predicting now... “We found that the top two tranches—which each averaged close to or higher than double-digit dividend growth—delivered solid double-digit returns even though they did not have the highest average yields. The company has grown its dividend for the last 48 consecutive years and is increasing its dividend by an average of 7.17% each year. Still on the right track I would say. © American Consumer News, LLC dba MarketBeat® 2010-2021. In fact, it was out of character for Abbott, whose more recent dividend hikes had been in the high single digits to low teens. We can scale our money more securely—and just as spectacularly—by purchasing sound dividend payers that happen to be growing their payouts rapidly. In September, for instance, MA rolled out a testing platform that “allows central banks to evaluate use cases and test roll-out strategies for CBDCs.”. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021. View our full suite of financial calendars and market data tables, all for free. With another year of dividend investing behind us, we are all looking forward to the new year. Robert B. Ford, the company's president and chief executive, said, "The increase reflects the strength and momentum of Abbott's diversified business and our ability to invest in future growth while returning immediate value to shareholders." I’ve owned APD for quite a while now and man they’ve been excellent. We will discuss AT&T later on in the article; however, the company has been making major news over the last few years as they look to transform the business and pay down its debt. See what's happening in the market right now with MarketBeat's real-time news feed. It’s the kind of outsized raise you rarely see among the S&P Aristocrats, especially those that are really far along in years. The increase for 2021 – already announced – is a healthy 10.2%. Earnings were $3.69 billion, an increase of 55.70%. Receive a free world-class investing education from MarketBeat. And check out the dividend safety. Earnings were $3.69 billion, an increase of 55.70%. Mastercard (MA)  – Earlier in the year, Visa announced a 6.7% dividend increase. The market has started keying in on value after squeezing every drop of profit from growth, so these low-volatility dividends are about to become en vogue again. ABT Shares Will Have Another Big Dividend Hike to Chase. KMB has increased its dividend for 46 consecutive years! ... abt will be $127 by the end of the month. Sign-up below to receive updates and monthly newsletters about our pursuit & journey to financial freedom. ABT has increased its dividend from $0.24 in 2015 to $0.36 in 2020. The dividend is payable on Feb. 16, 2021, to shareholders of record on Jan. 15, 2021, the company said. The next Abbott Laboratories dividend will go ex in 10 days for 45c and will be paid in 1 month. It’s best known in the income investing community for its status as a Dividend Aristocrat—one that has upped its payouts every year for nearly half a century. AT&T (T) – This lack of a dividend increase shocked us all. This 7-stock “mini-portfolio” puts the power in your hands. The following are good dividend stocks to buy for 2021 because their companies increased the dividend payouts during the pandemic and have performed remarkably well. Investors will see the new 3.3% yield and buy more shares. The dividend is payable Feb. 16 to shareholders of record Jan. 15 with an ex-div date of Jan. 14. Hopefully the dividend increase wave continues in 2021. Abbott today announced that its board of directors has increased the company's quarterly common dividend to 45 cents per share, reflecting a 25% increase. We’ll begin with Abbott Laboratories (ABT), a medical devices, generic drugs and nutritional products maker that split with its pharmaceuticals business, AbbVie (ABBV), in 2013. Still, it was better than their rivals, so that is something! Its current scale is the result of the 2016 mega-merger between the old Broadcom and Avago Technologies, as well as subsequent acquisitions of CA Technologies and Symantec’s enterprise security arm. We had a blast breaking down what the heck is going on with AT&T on our YouTube Channel. It originated as a spin-off of Abbott Laboratories. Argus examined the recent performance of the roughly 500 stocks that make up the “Argus Universe of Coverage,” then reduced that list to 400 by excluding stocks that haven’t paid dividends over the past five years. You’ll need it, given AVGO’s current fractional yield. Global Water Resources, a pure-play water resource management company, has declared, under its dividend policy, a monthly cash dividend in the amount of $0.02434 per common share, which will be payable on January 29, 2021 to holders of record at the close of business on January 15, 2021. Should You Sell NIO (NYSE: NIO) Stock Into the NIO Day 2021 Event? But consider this: MA has been upping its payout by 18.3% a year for half a decade now, including a 10% raise in 2020. AT&T's directors have approved a 2.4% increase in the company's quarterly dividend, as well as plans to repurchase 300 million shares. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. This marks the 388 th consecutive quarterly dividend to be paid by Abbott since 1924. With widespread return of capital to shareholders, one would expect that dividend increases in the sector will be plentiful in the coming months. There's a lot about this dividend hike for investors to like. Dividend News and Dividend Increases in December 2020. And here, we can have faith that AVGO can keep it up; that’s because despite the company’s lust for M&A, Broadcom generates more than enough cash to dole out to shareholders. After that, all eyes turned to Mastercard in December. Report. Get daily stock ideas top-performing Wall Street analysts. 2021 is here with style! MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021 . There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their ... ABT is one of the dividend ... buy-now-abt-rost-pep-vfc/. Dividend Aristocrat AbbVie Declares Its Latest Payout; Yield Is 5.3% The company is one of the most solid dividend dispensers in its industry. Franklin Resources (BEN) – The asset management company annoucned a 3.7% dividend increase. Its dividend growth rate is trending down from very high levels, which is not a particular concern. Ned Davis Research, for example, conducted an oft-quoted study that found that between 1972 and 2010, the S&P 500’s average annual return was 7.3%, but dividend growers averaged 9.6%. The next dividend is payable February 16, 2021, to shareholders of record at the close of business on January 15, 2021. ABT’s stock has delivered year-to-date returns of 25%. This was in line with its 5- year average dividend growth rate. Consolidated Edison is one of our favorite utility companies, dominating in a sector that is essential to everyday life. The company has a high yield and has raised the dividend every year since it was created. Reply. The previous Abbott Laboratories dividend was 36c and it went ex 3 months ago and it was paid 2 months ago. Date Details; 1/14/2021: $0.45: Quarter: 1.6% +25%: 12/11/2020: 1/15/2021: 2/16/2021: Details: 10/14/2020 That’s the 21st consecutive annual dividend increase for this dividend achiever. Where things get really exciting, though, is the income potential. 2021 is here with style! I wonder what T will do as well. The company operates in consumer staples sectors. With another year of dividend investing behind us, we are all looking forward to the new year. As a fan of dividend paying consumer staple stocks, though, I was pumped about this dividend increase. Learn more. Exxon passed on announcing their standard, annual dividend increase in 2020. Heck, there have even been rumors about potentially taking the company private (only rumors). No investor relations person wants to see "hold" and "sell" ratings issued for their stock. Look at how much that little table tells us. Man I cannot believe how quickly 2020 came and went. We were DEFINTIELY shocked. For those not familiar with PEG, it’s based around the number 1. The company’s various products include pumps and water supply products. Pitney Bowes (NYSE: PBI) is Surging, Is it Too Risky? What is your expectation for AT&T? The next BP plc - ADR dividend is expected to go ex in 1 month and to be paid in 3 months. The healthcare giant's board of directors approved an increase of its quarterly … During the past decade, the company has managed to increase distributions at an annualized rate of 14.30%. If Wall Street's top analysts are consistently giving "hold" and "sell" ratings to stock, you know there's a serious problem. Read: Dividend Stocks are Back! The yield based on the new payout is 2.2%. 1 0. This marks the 388th consecutive quarterly dividend to be paid by Abbott since 1924. Abbott Laboratories pays out 44.44% of its earnings out as a dividend. The total portfolio dividend growth scorecard for the US stocks shows an average 2.1% current yield (the stocks have had quite the run-up) and a dividend growth rate in 2020 of 6.9%. Here’s Where to Get in on Tattooed Chef (NASDAQ: TTCF) Stock, FuelCell Energy (NASDAQ:FCEL) Rating Lowered to Hold at Zacks Investment Research, Stock exchange delisting 3 China companies under Trump order, Fiverr (NYSE: FVRR) is Just Getting Started, Receive Analysts' Upgrades and Downgrades Daily. Amgen (AMGN) – Amgen typically announces its dividend in December. That will be an exciting, news filled day. Abbott (NYSE: ABT) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.This is a 25% increase from the prior dividend of $0.36. It’s not just that you’re getting strong total returns, but the fastest dividend growers’ payouts are covered by nearly five times the cash they need, versus by just 1.4x for the high-yield group. Over the past six years, ABT has returned more capital to investors through dividends than 92.6% of US dividend-paying companies. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.3. Consider this: Right now, I’ve identified 7 recession-proof dividend growers that are better buys than even MA and AVGO as the calendar flips to 2021. Time to roll up our sleeves and continue investing in income producing assets! Company #7: AT&T (T) – I am bringing forward AT&T one more time on this list. EnBridge (ENB) – The Canadian oil and gas giant announced a 3.1% dividend increase. Let’s keep things moving and going here during the new year. Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021. Looking for new stock ideas? In 2019, ABT's revenue was $31.90 billion, an increase of 4.34% compared to the previous year's $30.58 billion. However, Argus Research did a more recent follow-up on this analysis. Mastercard has 8 times the cash it needs to finance the payout at current levels, and that doesn’t account for any future gains it makes in cash generation. ... (NYSE:ABT… Company #1: Consolidated Edison (ED) –  It is only fitting that we start the list off with one of our Top 5 Foundation Dividend Stocks, right? Get ready to create some new memories, grow our passive income, and push ourselves one step closer to financial freedom. Dividend Increases are back and it contributed to yet another CRAZY month of dividend increases. Most people know that brokerage rankings are overstated because of pressure from publicly-traded companies. We have been saying this for months now. Mastercard shares have bloated to 40 times future profit estimates, and a PEG of 2.0, which is elevated enough to give some investors pause. My gut says that Chevron won’t announce a raise just yet, although I’m holding out hope that they do. The Surprise “No Dividend Increase Announcement” – This section will feature any companies that did not announce a dividend increase as expected. The clock just started on the biggest financial event in 20 years. The cash dividend is payable Feb. 16, 2021, to shareholders of record at the close of business on Jan. 15, 2021 . Ex-Div. 2021 will mark the 45th straight year in which the company has had a dividend increase. In fact, their 10% dividend increase that was announced was also belw the company’s recent average. Its stock price rises too fast! Let’s buckle up and get ready for an exciting January. And I'm not talking about investing your "growth Anything less than 1 implies the stock is undervalued, anything over 1 implies it’s overvalued. The results were positive and therefore, Big Banks began announcing large share repurchase programs. Still holding - on strong! Before looking ahead to the upcoming dividend increases in January, I like to discuss the actual dividend increases from the previous month. Rather than simply list each dividend increase, I will split the dividend increases into different, self-identified categories. Here were the featured increases from the sector: Darden Restaurants (DRI) – It doesn’t get much more shocking than this dividend increase. Do Not Sell My Information. Required fields are marked *. Continued growth in the datacenter should also boost AVGO’s fortunes. A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. Who knows what this means for the company’s dividend increase. Financial Statements During the past decade, the company has managed to increase distributions at an annualized rate of 14.30%. The company has been paying a dividend since the 1800s (yes, you read that right) and has increased its dividend for nearly 50 consecutive years. Revenues were $6.8 billion during the fiscal year ended November 2015; over the past 12 months, the company has generated a top line of nearly $24 billion. The next dividend is payable February 16, 2021, to shareholders of record at the close of business on January 15, 2021. Shareholders have enjoyed 20%-plus average annual returns over the past half-decade, and Wall Street is expecting another big year for ABT’s operations, modeling 14% revenue growth and 24% profit growth in 2021. Man I cannot believe how quickly 2020 came and went. That was one solid finish to the year. Get short term trading ideas from the MarketBeat Idea Engine. Nobody expects what they're predicting now... Start Your Risk-Free Trial Subscription Here, Stocks turn lower as virus cases rise, countries lock down, Trump administration scales back wild bird protections, Regulators get plan for undoing the Atlantic Coast Pipeline, Kim opens North Korean congress by admitting policy failures, Closing prices for crude oil, gold and other commodities, Marathon Patent Group (NASDAQ: MARA) Stock is Another Way to Play Bitcoin (BTC), The Latest: South Africa adds restrictions to curb virus, Energy Fuels (NYSE: UUUU) Stock is Unique Rare Earths Play, Micron Technology (NASDAQ:MU) Stock: Strength in Semiconductors. Company #6: Comcast (CMCSA) – I am excited to see Comcast’s potential dividend announcement in January. Abbott Laboratories (ABT) Major oil companies, such as Shell and BP, slashed their dividend to preserve their cash and improve their balance sheets. Dividend increase announcements continue to pile up as 2020 draws to a close. Dividend Summary. ABT's dividend yield, history, payout ratio, ... or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. Imagine how surprised I was when Campbell’s announced a 6% dividend increase in December. The new Abbott Laboratories would specialize in diversified products including medical devices, diagnostic equipment and nutrition products, while … A new annualized dividend rate of $1.80 per share yields 1.7% at a stock price of $107. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: If you’re not yet as filthy rich as you hoped you’d be by now, don’t worry—we still have plenty of time to get you there. … "Paying a strong and growing dividend is foundational to Abbott," said Robert B. Ford, president and chief executive officer, Abbott. Date Rec. Getty If you're not yet as rich as you hoped, don't worry, we still have plenty of time to get you there. Its FCF coverage ratio is a spectacular 4.1, meaning it has more than enough headroom to maintain its generosity and allow your “yield on cost” to swell over time. Dividend income from my IRA account totaled $126.28 down from $139.07 from this time last year. The entertainment sector is facing fierce competition, as the streaming wars continue to intensify. Fundamental company data provided by Morningstar and Zacks Investment Research. 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