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PARTNER NEWS:
Thu, Apr 11, 11:00 AM, Zacks
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| Ex-Dividend Reminder: Utz Brands, AbbVie and Abbott LaboratoriesBy Dividend Channel Staff, Wednesday, April 10, 11:00 AM ET
On 4/12/24, Utz Brands Inc (NYSE:UTZ), AbbVie Inc (NYSE:ABBV), and Abbott Laboratories (NYSE:ABT) will all trade ex-dividend for their respective upcoming dividends. Utz Brands Inc will pay its quarterly dividend of $0.059 on 5/2/24, AbbVie Inc will pay its quarterly dividend of $1.55 on 5/15/24, and Abbott Laboratories will pay its quarterly dividend of $0.55 on 5/15/24. As a percentage of UTZ's recent stock price of $17.52, this dividend works out to approximately 0.34%, so look for shares of Utz Brands Inc to trade 0.34% lower — all else being equal — when UTZ shares open for trading on 4/12/24. Similarly, investors should look for ABBV to open 0.91% lower in price and for ABT to open 0.49% lower, all else being equal. Below are dividend history charts for UTZ, ABBV, and ABT, showing historical dividends prior to the most recent ones declared. Utz Brands Inc (NYSE:UTZ): AbbVie Inc (NYSE:ABBV): Abbott Laboratories (NYSE:ABT): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.35% for Utz Brands Inc, 3.64% for AbbVie Inc, and 1.96% for Abbott Laboratories. Free Report: Top 8%+ Dividends (paid monthly) In Wednesday trading, Utz Brands Inc shares are currently down about 0.6%, AbbVie Inc shares are up about 0.2%, and Abbott Laboratories shares are up about 1.7% on the day.
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