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Meridian Investment Counsel sold 940 AbbVie shares, while the company announced a quarterly dividend of $1.64 per share.
Meridian Investment Counsel Inc. decreased its holdings in AbbVie Inc. by selling 940 shares, reducing its total to 26,894 shares.
Despite reporting earnings below analysts' expectations, AbbVie, a pharmaceutical company, has a market cap of $362.85 billion and a dividend yield of 3.20%.
The company's stock opened at $205.12 on Monday.
AbbVie recently announced a quarterly dividend of $1.64 per share, payable May 15th.
Over the last quarter, insiders sold a total of 54,639 shares.
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Meridian Investment Counsel vendió 940 acciones de AbbVie, mientras que la empresa anunció un dividendo trimestral de $1,64 por acción.