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Peter Geschek

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  • Abbott Laboratories' Golden Goose: The Nutrition Business [View article]
    Steetre2:
    You are right, Mead Johnson was split off from Bristol Myers Squibb. Thank you for the correction.
    Apr 9 09:31 AM | Likes Like |Link to Comment
  • How Big A Dividend Will Abbott Pay After It Splits? [View article]
    The dividend is 14 cents from Abbott and 40 cents from AbbVie. Abbott said it is an increase of nearly 6 percent over Abbott's quarterly cash dividend.
    Jan 7 04:57 PM | Likes Like |Link to Comment
  • How Big A Dividend Will Abbott Pay After It Splits? [View article]
    UPDATE:
    In January 2013 Abbvie declared the Company's first quarterly cash dividend of $0.40 per share.
    The cash dividend is payable Feb. 15, 2013 to stockholders of record at the close of business on Jan. 15, 2013.

    Abbott Laboratories declared a quarterly dividend of $0.54 per share, or $2.16 annualized. This is a 6% increase from the prior dividend of $0.51.

    The dividend will be payable on February 15, 2013, to stockholders of record on January 15, 2013, with an ex-dividend date of January 11, 2013.

    The annual yield on the dividend is 3.3 percent.
    Jan 7 02:19 PM | Likes Like |Link to Comment
  • How Big A Dividend Will Abbott Pay After It Splits? [View article]
    numbercrucher45 and Captain Tingles:

    1. The dividend figures are estimates, subject to, as clearly stated and sourced in the article, to the the approval of the respective Boards in January.
    They were given by Thomas C. Freyman - Chief Financial Officer and Executive Vice President of Finance of Abbott

    2. At the same earnings conference John B. Thomas - Vice President of Investor Relations & Public Affairs stated:
    "A few weeks prior to separation, we'll issue a news release describing the special dividend distribution of AbbVie stock, including the distribution ratio and the record date. We expect that when-issued trading of both company stocks to begin in mid-December, with regular rate trading of both companies to begin on January 2 on the New York Stock Exchange."

    Thank you for your interest anyhow. P.G.
    Oct 26 10:49 AM | 2 Likes Like |Link to Comment
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