This morning, Abbott Labs (ABT) declared its quarterly dividend of 22 cents per share, maintaining the amount paid to shareholders the previous quarter. Based on the current stock price, investors can expect a yield of about 2.2% going forward. On the news, shares of ABT were flat, trading just below $40 per share.
In other dividend news, Equity Residential (EQR) maintained its quarterly dividend of 50 cents per share. Ralph Lauren (RL) maintained its quarterly dividend of 45 cents per share. And Graco (GGG) maintained its quarterly dividend of 27.5 cents per share.
Among dividend increases, RAIT Financial Trust (RAS) announced its quarterly dividend of 18 cents per share, an increase of about 6% over its prior dividend.
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