Pharmaceutical company AbbVie should announce its next annual dividend increase in October. The company has increased its dividend each year since its spin-off from Abbott Labs. vzphotos
This is the latest in my series of articles where I provide
Dividend Growth Predictions For 15 Companies Announcing Annual Boosts In October
Summary
- Fifteen long-term dividend growth companies, AbbVie among them, will announce their annual increases in October.
- Most of the increases will be in the single digit range, with 10%+ increases expected from A. O. Smith, Lincoln Electric and Waste Connections.
- Microsoft announced a 10% dividend increase in September, and we’re still waiting for announcements from McDonald’s and Lockheed Martin.
I'm an individual investor looking to grow my wealth over the long term. I've tried many different styles of investing over the last 25 years and have found that buying dividend growth stocks and reinvesting the dividends is one of the easiest ways to grow wealth over the long term. Over the years, I've owned stocks, options, ETFs, treasury notes, and mutual funds. I operate a blog, HarvestingDividends.com, that provides information on the S&P Dividend Aristocrats and other dividend growth stocks.
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