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Looking for Steady, Passive Income? Buy AbbVie Stock

TheMotleyFool 
0 0 06.05.23
Looking for Steady, Passive Income? Buy AbbVie Stock: https://g.foolcdn.com/editorial/images/730634/a-doctor-and-patient-talk-to-each-other-during-an-appointment.jpg
 

Dividend growth investing revolves around selecting only the most reliable businesses for your portfolio. This can be measured by consecutive years of Dividend growth.

With 51 consecutive years of dividend growth to its credit (including time spent as part of Abbott Laboratories), (NYSE: ABBV) certainly has such a record. In fact, it qualifies as a Dividend King.

Let's assess why the company continues to be an excellent pick for dividend growth investors now. 

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Source Fool.com

AbbVie Inc. Stock

€176.24
-0.010%
With only a change of -€0.020 (-0.010%) the AbbVie Inc. price is nearly unchanged from yesterday.
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
As a result the target price of 180 € shows a slightly positive potential of 2.13% compared to the current price of 176.24 € for AbbVie Inc..
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