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Abbott Laboratories has raised its quarterly dividend to $0.63, a 6.8% increase, marking its 52nd consecutive year of dividend growth. The company generated $6.35B in free cash flow in 2024, covering its $3.84B dividend payments with a 60.4% payout ratio. Medical devices grew 12.5% in Q3 2025, with FreeStyle Libre generating $2B in quarterly revenue. Abbott has reduced debt by 15% since year-end 2024 and has a net debt-to-EBITDA ratio under 0.5x.
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