AbbVie Continues to Raise Quarterly Dividend Amid Patent Challenges

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AbbVie continues to raise its quarterly dividend, reaching $1.73 per share, or $6.92 annually, since its independence in 2013, demonstrating strong cash flow despite challenges from Humira’s patent expiration. The company is relying on new drugs like Skyrizi and Rinvoq, projected to hit $50 billion in sales by 2030, and growth in its neuroscience portfolio to sustain future profitability and dividend increases. Analyst sentiment is generally positive, with JPMorgan and RBC Capital maintaining positive ratings and price targets, anticipating significant earnings growth in 2026 and 2027.

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