Replies to post #15517 on The Rising Influence of Rising Affluence

[wow_happens28]

Dew, for the record, I don't own any ABT, lol. But, when we have a major market correction or crash, I will be a buyer, 2nd lol.

Average age of the world population growing sharply. Old pharts have more needs for Abbots products? Massive tailwinds?

https://www.census.gov/content/dam/Census/library/publications/2016/demo/p95-16-1.pdf

[DewDiligence]

(ABT)—Branded-generic drugs account for 55% of drug sales in China and 63% of drug sales in India (where ABT is the largest single drug vendor).

Source:
https://www.wsj.com/articles/drug-makers-find-branded-generics-are-a-source-for-growth-1508760603

[DewDiligence]

ABT raises dividend for 46th consecutive year:

https://finance.yahoo.com/news/abbott-raising-quarterly-dividend-46th-151700256.html

The board of directors of Abbott today increased the company's quarterly common dividend to 28 cents per share from 26.5 cents per share.

At the current share price ($55.52), the new annualized payout of $1.12 equates to a dividend yield of 2.0%.