Ex-Dividend Reminder: DTE Energy, AbbVie and Abbott Laboratories


Looking at the universe of stocks we cover at Dividend Channel, on 1/13/22, DTE Energy Co (Symbol: DTP), AbbVie Inc (Symbol: ABBV), and Abbott Laboratories (Symbol: ABT) will all trade ex-dividend for their respective upcoming dividends. DTE Energy Co will pay its quarterly dividend of $0.7812 on 2/1/22, AbbVie Inc will pay its quarterly dividend of $1.41 on 2/15/22, and Abbott Laboratories will pay its quarterly dividend of $0.47 on 2/15/22.

As a percentage of DTP’s recent stock price of $51.45, this dividend works out to approximately 1.52%, so look for shares of DTE Energy Co to trade 1.52% lower — all else being equal — when DTP shares open for trading on 1/13/22. Similarly, investors should look for ABBV to open 1.04% lower in price and for ABT to open 0.35% lower, all else being equal.

Below are dividend history charts for DTP, ABBV, and ABT, showing historical dividends prior to the most recent ones declared.

DTE Energy Co (Symbol: DTP):

AbbVie Inc (Symbol: ABBV):

ABBV+Dividend+History+Chart

Abbott Laboratories (Symbol: ABT):

ABT+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 6.07% for DTE Energy Co, 4.16% for AbbVie Inc, and 1.39% for Abbott Laboratories.

In Tuesday trading, DTE Energy Co shares are currently off about 0.2%, AbbVie Inc shares are off about 0.5%, and Abbott Laboratories shares are up about 0.2% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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