The dividend has a forward yield of 2.06% and will be payable on November 15 to shareholders of record as of October 15. The stock will begin trading ex-dividend on October 13.
Abbott also announced a new share buyback of up to $3 billion in addition to the $511 million unused portion of its previous repurchase program in June 2013.
The stock was down 0.65% to $42.62 at 2:27 p.m. More than 5.4 million shares had changed hands, compared to the average volume of 4,899,430.ABT data by YCharts
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