Abbott Labs raises quarterly dividend by 12.5% to 36 cents a share

Abbott Laboratories said Friday its board has approved a 12.5% increase in its quarterly dividend to 36 cents a share. The new dividend will be payable Feb. 14 to shareholders of record as of Jan. 15. Abbott shares were slightly higher Friday, but have gained 19% in 2019, while the S&P 500 has gained 26%.

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