Based on the latest prices of the when issued shares (33.00 and 32.46 for ABBV.wi and ABT.wi, respectively), ABBV’s annualized dividend of $1.60 represents a yield of 4.8% and the new ABT’s annualized dividend of $0.56 represents a yield of 1.7%.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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