AbbVie: A Yield in the Passing Season

The broader market, in its restless striving, currently offers a dividend yield of a mere 1.1%. Even among its peers, the pharmaceutical sector, averaging 1.7%, seems preoccupied with grander ambitions than the simple return of capital. AbbVie, however, presents a yield of 2.9%. It is a difference, one might observe, not of magnitude, but of intention. To collect 1.8 percentage points more than the prevailing market current, or 1.2 points above the pharmaceutical average, is to opt for a slower, steadier rhythm. An S&P 500 index fund, with its frenetic energy, yields a pittance in comparison; the average drug stock, similarly driven, offers a smaller portion of the overall return. For one seeking income, these are not insignificant figures.






