AbbVie Inc.
ABBVHealthcare · Drug Manufacturers - General · Stock · quarterly payer
Forward Yield
2.43%
Annual Dividend
$6.92
Payout Ratio
190%
5-Yr Growth
6.8%
Ex-Date
Oct 15, 2026
Frequency
Quarterly
Key facts about ABBV's dividend
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, AbbVie Inc. (ABBV) has a forward dividend yield of 2.43%, based on an annual dividend of $6.92 per share and a share price of $284.80.
- As of Oct 22, 2026, ABBV's dividend safety grade from SmarterDividends is A (80 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, AbbVie Inc. (ABBV) has raised its dividend for 12 consecutive years as of Oct 22, 2026.
- ABBV has never cut its regular dividend in the payment history SmarterDividends has on record.
- ABBV's most recent ex-dividend date was Oct 15, 2026, for a dividend of $1.73 per share.
- As of Oct 22, 2026, ABBV pays out 190% of its trailing 12-month earnings as dividends (its payout ratio).
- ABBV's dividend has grown at an average rate of 6.8% a year over the past five years.
- As of Oct 22, 2026, ABBV's 2.43% yield is 36% below its five-year average yield of 3.80%.
- As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for ABBV is $195.66 per share, 31% below the $284.80 share price, so ABBV screens as overvalued.
- AbbVie Inc. (ABBV) pays its dividend quarterly, 4 times a year.
- AbbVie Inc. (ABBV) has raised its regular dividend 15 times and cut it 0 times across the 56 payments on record since 2013. Its most recent change was a 5.5% increase to $1.73 per share, going ex-dividend on Jan 16, 2026.
- AbbVie (ABBV) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.5%, was declared on Oct 31, 2025.
Cite this page
SmarterDividends, "ABBV Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/ABBV
Summary
As of Oct 22, 2026, AbbVie Inc. (ABBV) yields 2.43% ($6.92 a year per share), has a dividend safety grade of A (80/100) and has 12 consecutive years of dividend increases on record.
Is ABBV a good dividend stock?
YesAbbVie Inc. (ABBV) pays a quarterly dividend yielding 2.43% ($6.92/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 6.8% 5-yr dividend growth
- 148% total price return over 5 years
- Top-tier dividend safety score
Risks
- Elevated payout ratio (190%)
Key Data
- Dividend Yield
- 2.43%
- Payout Ratio
- 190%
- Annual Dividend
- $6.92
- 5-Yr Avg Growth
- 6.8%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.23
- Market Cap
- $503.3B
- P/E Ratio
- 80.5
- 5-Yr Total Return
- 148%
- 52-Week Range
- $190.75 – $291.40
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
ABBV dividend raises and cuts
AbbVie Inc. (ABBV) has raised its regular dividend 15 times and cut it 0 times across the 56 payments on record since 2013. Its most recent change was a 5.5% increase to $1.73 per share, going ex-dividend on Jan 16, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 16, 2026 | Raise | $1.64 → $1.73 | +5.5% |
| Jan 15, 2025 | Raise | $1.55 → $1.64 | +5.8% |
| Jan 12, 2024 | Raise | $1.48 → $1.55 | +4.7% |
| Jan 12, 2023 | Raise | $1.41 → $1.48 | +5.0% |
| Jan 13, 2022 | Raise | $1.30 → $1.41 | +8.5% |
| Jan 14, 2021 | Raise | $1.18 → $1.30 | +10.2% |
| Jan 14, 2020 | Raise | $1.07 → $1.18 | +10.3% |
| Jan 14, 2019 | Raise | $0.960 → $1.07 | +11.5% |
| Apr 12, 2018 | Raise | $0.710 → $0.960 | +35.2% |
| Jan 11, 2018 | Raise | $0.640 → $0.710 | +10.9% |
| Jan 11, 2017 | Raise | $0.570 → $0.640 | +12.3% |
| Jan 13, 2016 | Raise | $0.510 → $0.570 | +11.8% |
Show all 15 changes since 2014
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 13, 2015 | Raise | $0.490 → $0.510 | +4.1% |
| Jan 13, 2015 | Raise | $0.420 → $0.490 | +16.7% |
| Apr 11, 2014 | Raise | $0.400 → $0.420 | +5.0% |
Frequently Asked Questions
Is ABBV a good dividend stock?
Yes. AbbVie Inc. (ABBV) pays a quarterly dividend yielding 2.43% ($6.92/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is ABBV undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ABBV's fair value is about $195.66 versus a $284.80 share price — so it looks overvalued (-31% vs. fair value).
Is ABBV's dividend safe?
ABBV has a dividend-safety grade of A (80/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ABBV's fair value?
Our blended fair-value estimate for ABBV is about $195.66 per share, about 31% below the current $284.80 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ABBV a buy, hold, or sell?
We don't issue formal ratings, but on the data ABBV screens as "yes" and overvalued. AbbVie Inc. (ABBV) pays a quarterly dividend yielding 2.43% ($6.92/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will ABBV cut its dividend?
ABBV earns a dividend-safety grade of A (80/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ABBV pay a dividend?
Yes. AbbVie Inc. pays a quarterly dividend of about $6.92 per share annually, a forward yield of roughly 2.43%.
What is ABBV's dividend yield?
As of Oct 22, 2026, ABBV's forward dividend yield is 2.43%, based on a $6.92 annual dividend and a $284.80 share price.
What is ABBV's dividend per share?
As of Oct 22, 2026, ABBV pays $6.92 per share per year, distributed on a quarterly basis.
What is ABBV's dividend payout ratio?
As of Oct 22, 2026, ABBV's payout ratio is 190% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has ABBV grown its dividend?
As of Oct 22, 2026, ABBV has increased its dividend for 12 consecutive years.
When is the next ABBV ex-dividend date?
As of Oct 22, 2026, ABBV's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $1.73 per share.
ABBV Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
+100%
5 Years
+148%
52-Week Range
$190.75 – $291.40
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ABBV worth?
Overvaluedmedium confidenceOur blended fair-value estimate for AbbVie Inc. is $195.66 per share, versus a market price of $284.80. That implies 31% of downside.
Fair Value
$195.66
Current Price
$284.80
Downside
-31%
Margin of Safety
-46%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 10.5% annual free-cash-flow growth. We model 9.1% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 9.1% growth for five years fading to 2.5% over the next five, $3.54 EPS, $6.92 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ABBV Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ABBV dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Nov 16, 2026 | $1.7300 | regular |
| Jul 15, 2026 | Aug 14, 2026 | $1.7300 | regular |
| Apr 15, 2026 | May 15, 2026 | $1.7300 | regular |
| Jan 16, 2026 | Feb 17, 2026 | $1.7300 | regular |
| Oct 15, 2025 | Nov 14, 2025 | $1.6400 | regular |
| Jul 15, 2025 | Aug 15, 2025 | $1.6400 | regular |
| Apr 15, 2025 | May 15, 2025 | $1.6400 | regular |
| Jan 15, 2025 | Feb 14, 2025 | $1.6400 | regular |
| Oct 15, 2024 | Nov 15, 2024 | $1.5500 | regular |
| Jul 15, 2024 | Aug 15, 2024 | $1.5500 | regular |
| Apr 12, 2024 | May 15, 2024 | $1.5500 | regular |
| Jan 12, 2024 | Feb 15, 2024 | $1.5500 | regular |
| Oct 12, 2023 | Nov 15, 2023 | $1.4800 | regular |
| Jul 13, 2023 | Aug 15, 2023 | $1.4800 | regular |
Income Calculator
At $6.92 / yr per share
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