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Current DateTime: 10:35:41 24 Jul 2009
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Abbott Laboratories raises dividend
By: The Associated Press | 15 Jul 2009 | 09:16 AM ET
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NORTH CHICAGO, Ill. - Drug developer and medical device maker Abbott Laboratories on Wednesday boosted its quarterly dividend by 11 percent to 40 cents per share.

The dividend is payable Aug. 15 to shareholders of record at the close of business on July 15

The drug developer said Wednesday its second-quarter profit fell but the results still met Wall Street forecasts.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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