Why AbbVie Remains One Of My Favorite Dividend Growers

Summary:

  • AbbVie has shown strong growth, especially in immunology and oncology, with Skyrizi and Rinvoq driving impressive sales and long-term growth potential.
  • Despite Humira’s patent loss, AbbVie has managed a “soft landing” and continues to innovate, particularly in neuroscience and oncology.
  • The company offers a solid dividend with a 51% payout ratio and consistent growth, making it attractive for conservative investors seeking income and growth.
  • Given its current valuation, I recommend a cautious investment approach, starting small and averaging down if the stock drops.

Sparschwein mit Stethoskop

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Introduction

On May 29, I wrote an article titled “Looking For Both Income And Growth? 4%-Yielding AbbVie Has You Covered.” Since then, shares of the Abbott Laboratories (ABT) spin-off have returned roughly 30%, beating


Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABBV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.


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