This morning, Abbott Labs (NYSE: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 (NYSE:EQR) maintained its quarterly dividend of 50 cents per share. Ralph Lauren (NYSE:RL) maintained its quarterly dividend of 45 cents per share. And Graco (NYSE:GGG) maintained its quarterly dividend of 27.5 cents per share.
Among dividend increases, RAIT Financial Trust (NYSE:RAS) announced its quarterly dividend of 18 cents per share, an increase of about 6% over its prior dividend.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.