06-25-2019, 06:22 AM
(06-25-2019, 06:12 AM)divmenow Wrote: I just woke up and saw the ABBV news Stockguru. Wow big acquisition. I added some ABBV in the pre-market at $70.60. Got to love that price for the next 10 years. Yield was down to 4.6% this morning.The only issue here is ABBV will be taken on more debt. But with this kind of yield it was worth the risk for me.
I have a pretty big position in ABBV. I will be curious to see if it affects the dividend going forward. I doubt they would cut it, but I wonder if they would keep it where it is like GIS did after their big acquisition?
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