This morning, Abbott Labs ( ABT ) declared its quarterly dividend of 22 cents per share, maintaining the amount paid to shareholders the previous quarter. Based on the current stock price, investors can expect a yield of about 2.2% going forward. On the news, shares of ABT were flat, trading just below $40 per share.
In other dividend news, Equity Residential ( EQR ) maintained its quarterly dividend of 50 cents per share. Ralph Lauren ( RL ) maintained its quarterly dividend of 45 cents per share. And Graco ( GGG ) maintained its quarterly dividend of 27.5 cents per share.
Among dividend increases, RAIT Financial Trust ( RAS ) announced its quarterly dividend of 18 cents per share, an increase of about 6% over its prior dividend.
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