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To: Cooters who wrote (111)2/15/2018 1:00:56 PM
From: Cooters  Respond to of 324
 
Here is an example of an updated capital return program, just announced by ABBV.

streetinsider.com

AbbVie (NYSE: ABBV) declared a quarterly dividend of $0.96 per share, or $3.84 annualized. This is a 35.2% increase from the prior dividend of $0.71. The dividend will be payable on May 15, 2018, to stockholders of record on April 13, 2018, with an ex-dividend date of April 12, 2018. The annual yield on the dividend is 3.4 percent.



To: Cooters who wrote (111)7/20/2018 12:55:07 PM
From: Cooters  Respond to of 324
 
Per their recent comments, in 3-6 months all of the cash will be unencumbered....available.

I am primarily a patient long term investor in this one, but I am taking a shot on earnings next week. Probably a 50/50 proposition on the market reaction to the numbers themselves, but the timeframe is right for an updated capital return program.

Chart looks really good also.

Cooters



To: Cooters who wrote (111)7/25/2018 4:24:45 PM
From: Cooters  Read Replies (2) | Respond to of 324
 
in 3-6 months all of the cash will be unencumbered....available.

I got the buyback, not a dividend increase. We'll see the reaction.