The next Abbott Laboratories dividend will go ex in 10 days for 45c and … We could probably do a little bit better than that in that international antigen. This link is provided for your convenience only. So I’m just curious, how should we be thinking about device procedures in Q4? stock & financial information. We can either accelerate their development and they’re coming to market, we’ve got opportunities to expand, market development, the opportunities that we have in MitraClip to be able to invest in that, strengthening of that market, strengthening our competitiveness. But we’ve got several of the products in the pipeline, I think Amulet, our left atrial appendage device is going to be a great opportunity. That’s helpful and then just one big picture question. But I wonder if on a high level, you could share with us how you’re thinking about growth, earnings and frankly, the opportunities for reinvestment for Abbott in ’21. Thank you. Good morning and thank you for standing by. Yeah, listen, our financial is stronger and is very healthy, we’re generating nice cash and we’re allocating to our needs. Robert, I was hoping you could talk a little bit about the medical device franchise and following up on Bob’s question just on the outlook, but just thinking about how you’re setting internal targets for your med device sales team or just internally how you’re going to judge success? I expect that progression to continue into Q4. So in that number, you’ve got some of that international antigen there. We’ve seen already patient referral networks starting to be built around, waiting for that indication, that reimbursement approval. So I think we’ve got a great opportunity here with COVID testing to deliver differentiated earnings power and growth while at the same time investing in this pipeline that Abbott has built over these years to sustain that growth rate. Thanks so much. Abbott Laboratories debt/equity for the three months ending September 30, 2020 was 0.58 . If you look at electrophysiology that was an interesting one, where, when you look at the sales, we were hurt a little bit by the capital cycle, which is why we’re only at about 2%, 3%. So I’ll just kind of wrap up here, we’ve had a nice growth step up here in the third quarter. Forward yield 1.6% Payable Aug. 17; for shareholders of reco On Friday, Abbott Laboratories undertook its long-standing annual ritual and raised its quarterly dividend. Abbott's cash dividend is payable May 15, 2020, to shareholders of record at the close of business on April 15, 2020. 2020: Credit of Final Cash Dividend of Abbott Laboratories Limited: AQ. During the third quarter, we launched a new rapid antigen test called BinaxNOW, which is a disposable test about the size of the credit card that can determine if someone is infected with the virus within 15 minutes without the use of an instrument. Good morning and thank you for joining us. And we continue to pursue opportunities to further increase our manufacturing capacity to help meet the significant demand for testing around the world. The businesses, we’ve spent some time talking about the businesses that were hardest hit by COVID. Growth in the quarter was led by diabetes care where sales grew 25% including more than 35% growth of FreeStyle Libre, our market leading continuous glucose monitoring system. As I said, we’ve got over 100 new products in our pipeline that we’re going to invest in. So I think we had a nice sequential Q2 to Q3 kind of growth rate. Thank you. It sounds like thinking about the earnings, could be thinking about a COVID testing number this year, that’s certainly in excess of kind of $2.7 billion, just want to get your commentary on that. As with all our articles, AlphaStreet, Inc. does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company’s SEC filings. Yeah, I mean, I think we already had a real strong momentum before COVID with the rollout of the Alinity system. We had a good growth rate this quarter, over 35%. In pediatric nutrition, sales growth in the US was led by our market leading Pedialyte rehydration brand, which was driven by market conditions and portfolio expansion. Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. 1-888-332-2268 (U.S. or Canada)  And I think, Q2, our sales were just under $600 million and Q3 sales were just under $700 million. This plan offers dividend reinvestment options and is available to current Abbott shareholders. And if you look at what we’ve done with BinaxNOW, ID NOW, Panbio, I think those are perfect embodiments of that execution. And we’re working with hospitals to assist them in opening and we’ll see it continue to grow. Please note that financial information provided on the call today for sales, EPS and line items of the P&L will be for continuing operations only. The Share Transfer books of the Company will remain closed from 20 May 2020 to 27 May 2020 (both days inclusive) and the dividend will be paid to the Members whose names will appear in the Register of Members on 19 May 2020. For more information, … I still think we’re in this phase right now David, depending on what country you are or state, you’re in a pandemic or in a recovery, and I expect that to last definitely all next year. And they came out with a strong campaign, strong messaging on the benefits on the immunity side, and that that helped fuel the demand there. And then more importantly, Robert, I’d love to get your view, just like based on everything you’re seeing right now, what are your directional thoughts on the outlook for 2021 for medical devices ex diabetes? In your case, at least for us, they clearly look beatable. So I see the market is still an opportunity for growth. So if you look at the third quarter, I like to look at it the trajectory from August to September. Leads 229 Securities Going Ex-Dividend This Week A lot of that was driven by our manufacturing ramp up, our scale up and the new products we launched. Neither the information nor any opinion expressed in this transcript constitutes a solicitation of the purchase or sale of securities or commodities. IMPORTANT: The Web site to which you are being provided a link above is not part of the Abbott Web site. R&D investment was 6.3% of sales, and SG&A expense was 26.7% of sales. Your line is open. infographic. And I shared that — my view here was that a lot of the volume was still going to be in this kind of pandemic recovery phase that even with a vaccine, you’d still get kind of more of a steady state, but a lot of the volume was going to be coming during this pandemic and recovery phase. Abbott Laboratories's last dividend payment date was on 2020-11-16, when Abbott Laboratories shareholders who owned ABT shares before 2020-10-14 received a dividend payment of $0.36 per share. Can you just give us an idea of how we should think about how much of the upside actually flows through the EPS versus how much of it gets invested? Actually, there are two of them. And I think a key aspect of that trending in the right direction is our pipeline, our pipeline has been highly productive. Abbott’s transfer agent, Computershare, sponsors and administers the Computershare Investment Plan for Abbott Laboratories Common Stock. And as you saw, our pipeline continues to be highly productive. ABBOTT PARK, Ill., Dec. 11, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 45 cents per share, reflecting a 25% increase. I think some of those are affected by some of the pricing dynamics that still exist in that channel. I don’t think that COVID testing is going to go away anytime soon and I think it’s big. So you’ll hear about Libre 3 approval when we get it and we issue a press release, just like we did with Libre 3 in Europe. It was very strong growth in adult. No use of any Abbott trademark, trade name, or trade dress in this site may be made without the prior written authorization of Abbott, except to identify the product or services of the company. Thank you. Abbott Labs on Friday said its board increased the company's quarterly common dividend by 25% to 45 cents a share. Hey, guys, congrats on a solid print [Phonetic] here and thanks for taking my question. If you look at how COVID kind of progressed a little bit, it hit the developed markets, I think harder in Q2, and then the emerging markets, it hit us more in Q3, especially markets like India, Russia, some markets in Latin America also. So in summary, despite the challenging environment, we achieved double digit organic sales growth and high teens EPS growth in the quarter. We’ve heard — just you’re talking about closing the gap here with Libre 3, listen Libre 2 in my view has already done that and that’s what we’re hearing from our customers here. Obviously, the US team is having a good time launching Libre 2 right now. P. O. I think we’re going to be at 10% med device growth by the end of this quarter. We now have over more than 2.5 million users that’s significantly more than our next competitor. I mean, when it first happened, we were fast to take advantage of the installed base that we had with our Alinity and ARCHITECT systems here to develop a blood antibody test. Before we get started, some statements made today may be forward-looking for purposes of the Private Securities Litigation Reform Act of 1995, including the expected financial results for 2020. So what we’re building here with the COVID test is an installed base that will then be able to run different kind of assays and different tests. The ex-dividend date is Thursday, January 14th. This represents a $1.80 annualized dividend and a dividend yield of 1.68%. So I think there’s — there’ll be an opportunity there and Abbott will be in a unique position there to be able to capitalize on that. Great. We saw a little bit of a July kind of pent up growth as the lockdown started to get reduced a little bit, we saw that growth rate in July. Thanks for taking the question and congrats on a good quarter. Our next question comes from Vijay Kumar from Evercore. Abbott (ABT) Declares $0.36 Quarterly Dividend; 1.6% Yield. Growth was led by Ensure, our market leading adult nutrition brand, which contains several ingredients to support a healthy immune system. So you put that together and you look at our sales growth, we were definitely taking share. Historical dividend payout and yield for Abbott Laboratories (ABT) since 1985. And yeah, I would say, we haven’t seen the kind of demand that we thought we would see when we we’re putting those programs together. Abbott Laboratories (ABT) announced a 25% hike in its quarterly dividend to $0.45 per share from $0.36, marking the 49th consecutive year of increased dividend … The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. So our plan here is to continue to see that recovery, and it’s not just about recovery of COVID and easing, it’s also the pipeline. Sweet numbers are EPS, $4.25, based on the updated guidance for ’20 [Phonetic] of $3.55. Your line is open. But obviously, if you look at the athletic training and sports population, it’s a significantly large population here. As I think about our device portfolio, there are still cardiovascular needs, people still need to get a pacemaker, there’s still a need for mitral repair, there’s still a need for ablation, for AFib. So Robert, maybe back in the fiscal ’21 question, I guess, maybe if I approach it slightly differently. Sure, I think it’s — we had a very strong quarter, which gave us confidence here to be able to raise the bottom end of our forecast this year, and obviously, that momentum, that strong momentum is going to — will carry into 2021. Thanks and good morning and congrats on all the good results this quarter. Although still early in the launch, customer feedback has been overwhelmingly positive. Analysts: David Lewis — Morgan Stanley — Analyst The new payout will be distributed on Feb. 16 to stockholders of record as of Jan. 15. The hike was considerable -- a 25% boost to $0.45 per share. I mean, you guys, you will be doing high singles organic in fiscal ’20 versus declines or flattish for other — some of your peers, so maybe if you could just unpack that a little bit and put that in context, will be helpful. So the combination of new users and market share and then the immunity messaging resonating with consumers and physicians is really kind of strengthened that portfolio. Your line is open. So we’re going to continue to support that growth of the dividend. Yeah, I do. Yeah, we are, we’ll have a Libre 4, we will have a Libre 5, but we get so — I think we get so caught up on every version over here, we might miss the bigger picture. Got you. Yes, we’ve developed a lot of COVID tests. With the vaccine, you might see a trend of a little bit of a decrease on the PCR testing, I think, just — and then maybe an increase in antibody testing. Shares of Abbott Laboratories were trading at $108.11 as of October 19. So that’s the piece that then kind of got impacted, the acute part of the portfolio has actually done pretty well. And in Europe, we also launched Libre Sense Glucose Sport, which is our initial step in a very intentional approach to pursue mass market biosensor opportunities beyond diabetes. So I think that, as we look at 2021, into 2022, it’s going to be COVID testing, but it’s more importantly, to look — at least the way we’re looking at it is the execution of that Alere strategy, which is to build a whole new testing platform outside of the walls of a lab in a hospital. Just a couple of related questions. And we also developed lateral flow rapid antibody test. On the nutrition side on your question, it was on an adult, right. We don’t see any changes, Vijay to our allocation strategy. Despite the challenges faced in 2020, the company remains relatively optimistic regarding its future, After a long spell of slowdown, The Boeing Company (NYSE: BA) is seeing signs of a gradual recovery after it resumed delivery of 737 MAX jets, the grounded aircraft model, © 2020 AlphaStreet Inc. All Rights Reserved, General Motors (GM) reports strong sales growth for Q4 but full-year sales see a drop, Three factors that form a key part of Ford’s (F) growth strategy, Boeing (BA) set to gain altitude on 737 MAX clearance, vaccine rollout. And our pipeline continues to be highly productive, resulting in several new product launches and approvals this past quarter, including US FDA emergency use authorization for our BinaxNOW, rapid antigen test, which can detect COVID-19 infection in just 15 minutes with no instrument required. That’s obviously had a kind of little bit of catapult effect with that launch, and — but, in that platform, we have more than just COVID testing. We also obtained CE Mark for Libre 3, which integrates Libre’s leading accuracy and performance into the world’s smallest, thinnest disposable sensor, the size of just two stack pennies at the same affordable price as currently available versions of Libre. q3 earnings infographic investor newsletters. Hier erhalten Sie eine Übersicht über die Dividendenzahlung und Dividendenrendite von ABBOTT LABORATORIES sowie die anstehenden und vergangenen Hauptversammlungstermine (HV … Abbott Laboratories's next dividend payment date has not been announced yet. So, yeah, I mean — as I said, looking at the 2021, the trajectory, the growth trajectory is those high, strong double digit top and bottom line Vijay. On today’s conference call, as in the past, non-GAAP financial measures will be used to help investors understand Abbott’s ongoing business performance. Abbott (ABT) Declares $0.36 Quarterly Dividend; 1.4% Yield. It’s a different business model, Robbie, it will be a different business model, different channels, it will probably be a different usage pattern and frequency in this segment. So I think that’s worked very well. The readings every minute, which is unique to Libre, allows us to get a better alarm performance. And the bigger picture here is that to be able to sustain an ability to penetrate the mass market, you do need to have a variety of different platforms and continuously innovate. September was actually our highest month of absolute sales in the quarter for both medical devices, especially in the cardiovascular area, across all areas. Your line is open. Our next question comes from Robbie Marcus from JPMorgan. If you look at what we’ve done with COVID and the investments we’ve made there, the speed at which we’ve been able to make those investments and execute it because of that strategic flexibility that we have in the balance sheet, talked about manufacturing expansions with Libre, which we’re definitely going to need as we expand the portfolio and build the portfolio and other parts of our medical devices too. Your line is open. webcast. Welcome to Abbott’s Third Quarter 2020 Earnings Conference Call. So in our numbers here, I think we’ve kind of excluded them. Members (Non-CDC) are requested to promptly notify the Company's So I’m very excited about that structural heart portfolio. We continue to see steady improvements in demand and procedure trends across our portfolio, which resulted in five of our seven businesses within medical devices, achieving positive sales growth in the quarter, including electrophysiology, heart failure, structural heart, neuromodulation, and diabetes care. So you had that kind of drop and then it starts to kind of recover. So other opportunities to accelerate what is already going to be double digit top and bottom line growth rates, yeah, there’ll be opportunities to be able to invest in this pipeline, and accelerate the growth there. Abbott Laboratories () Q3 2020 earnings call dated Oct. 21, 2020Corporate Participants: Scott Leinenweber — Vice President of Investor Relations, Licensing and Acquisitions. Libre sales in the US, they actually grew 20% sequentially, Q3 versus Q2, and about 45% year-over-year. Thank you. Abbott's cash dividend is payable May 15, 2020, to shareholders of record at the close of business on April 15, 2020. And then I think that TriClip and Tendyne are multibillion-dollar opportunities here for us that are as I described, very, very early in the innings. The following presents a detailed Abbott Laboratories stock price history for your review. Our last question comes from Josh Jennings from Cowen. You guys are really in an enviable position here. It’s by far the smallest easiest sensor to use, got the best accuracy, low range, high range, mid range, adults, children. We’ve launched our FlexNav product in Europe this year with an improved delivery catheter and gotten good feedback from implanters over there. 2020. q4 2019 abbott earnings conference call. I talk about the testing demand over four different phases, the pandemic phase, the recovery phase, a vaccine phase and a post-vaccine phase. Dividend income from my taxable account totaled $728.80 up from $584.61 an … Libre Sense allows athletes to monitor their glucose levels in order to learn how and when to best fuel with food and supplements to avoid fatigue and achieve peak performance. That’s still close to 20% earnings growth and I think implicit in those assumptions would be med tech procedures normalize and obviously that that has a drop down on margin. The hike was considerable -- a 25% boost to $0.45 per share. Robert and Bob will provide opening remarks. And when you look at it that in our cardiovascular devices, those growth rates in September were much better than the growth rates in August and the growth rates in September, were better than the third quarter overall. It’s a good business. Box 43078  Unless otherwise noted, our commentary on sales growth refers to organic sales growth, which excludes the impact of foreign exchange. We continue to lead in the area of diagnostic testing for COVID-19, which has added a significant new layer of growth for our business and accelerated our distributed testing strategy. To-date, we’ve sold more than 100 million COVID tests across our diagnostic platforms. The current TTM dividend payout for Abbott Laboratories (ABT) as of December 29, 2020 is $1.44 . With that being said, let’s take a look back at my November 2020 dividend income. 1-781-575-3910 (outside the U.S. or Canada), BY INTERNETwww-us.computershare.com/investor/3x/plans/planslist.asp?planid=368&state=eStateDisplayPlanSummary. And that’s true for both US and internationally for both devices — for devices. Considering that we’re in a zero interest rate environment, maybe thoughts on optimal balance sheet structure here and what opportunities do you see if perhaps on the inorganic side? These non-GAAP financial measures are reconciled with the comparable GAAP financial measures in our earnings news release and regulatory filings from today, which are available on our website at abbott.com. But when — we looked at a lot of the data, and we started to see a similar trend in September than what we saw in June in the developed markets, right. 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