By Denny Jacob
Abbott Laboratories increased its quarterly common dividend 7.8%, to 55 cents a share, from 51 cents.
The new payout, equal to $2.20 a year, represents an annual yield of about 2% based on Thursday’s closing price of $108.60.
The healthcare-products manufacturer said the dividend is payable on Feb. 15 to shareholders of record at the close of business on Jan. 12.
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