News · Yahoo Finance

AbbVie Stock: What 10 Years of Growth and Dividends Did for $1,000

AbbVie was spun off from Abbott Laboratories on January 1, 2013, and relied heavily on Humira until the drug lost U.S. exclusivity in early 2023. In Q2 2026, Humira sales fell 35.9% to $756 million, while Skyrizi rose 24.4% to $5.505 billion and Rinvoq rose 24.5% to $2.525 billion. The quarterly dividend grew from $0.57 in 2016 to $1.73, with a forward annual dividend of $6.92 and a yield of roughly 2.30%. A $1,000 investment 10 years ago would be worth $7,464.50 including dividends, a 646.45% total return, versus 263.37% for the S&P 500 on a price-only basis. The article notes the shares closed at $197.99 on April 29, 2026, reached about $291.48 this morning, and trade above the average analyst target of $283.19, while also flagging negative shareholders' equity and a forward P/E of about 18.

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