Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: 24/7 Wall St
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[ Tue, Dec 17th 2024 ]: 24/7 Wall St
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[ Tue, Dec 17th 2024 ]: Seeking Alpha
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[ Tue, Dec 17th 2024 ]: Yahoo
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[ Mon, Dec 16th 2024 ]: Gulf News
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[ Mon, Dec 16th 2024 ]: Motley Fool Australia
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[ Mon, Dec 16th 2024 ]: Investing
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[ Sun, Dec 15th 2024 ]: Indiatimes
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How Abbott Labs Became a Dividend Growth Investor's Dream

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Abbott is one of the biggest healthcare companies in the world. With over 400 consecutive quarterly dividend payouts and 53 years of consecutive dividend increases, it's fair to say it's one of the more popular dividend growth stocks around.
The article from MSN Money discusses how Abbott Laboratories has become an attractive option for dividend growth investors. Abbott Labs, a diversified healthcare company, has a long history of increasing its dividends, with 52 consecutive years of dividend hikes, making it a Dividend Aristocrat. This consistent growth is attributed to its diversified business model, which spans diagnostics, medical devices, nutrition, and branded generic pharmaceuticals. The company's ability to innovate and expand its product lines, particularly in high-growth areas like diabetes care with its FreeStyle Libre system, has driven steady revenue and earnings growth. Additionally, Abbott's strategic acquisitions and focus on emerging markets have bolstered its financial stability, allowing it to maintain and increase dividends even during economic downturns. The article highlights that this combination of innovation, diversification, and a shareholder-friendly approach makes Abbott Labs a dream for investors looking for reliable dividend growth.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/how-abbott-labs-became-a-dividend-growth-investor-s-dream/ar-AA1vXs2y ]