AbbVie Inc. (NYSE:ABBV) is a top pick among the 12 Best Dividend Paying Stocks to Buy Now. With a solid 2.9% dividend yield, AbbVie has increased its dividend by 7% annually over the past five years, reaching $6.56 per share. The company’s payout ratio is less than 50%, allowing for future growth.

Despite losing patent protection on products like Humira, AbbVie (NYSE:ABBV) has a robust pipeline of 90 treatments, investing $11 billion in R&D in 2024. Offering a quarterly dividend of $1.64 per share, AbbVie has increased payouts for 53 straight years, making it a top dividend stock to consider.

While AbbVie (NYSE:ABBV) is a strong investment, some AI stocks may offer greater potential. Those seeking undervalued AI stocks can explore opportunities that could benefit from current economic trends. Explore more top dividend stocks for investment options and income generation.

Read more at Yahoo Finance: Dividend Paying Stocks With Stability: AbbVie’s (ABBV) Consistent Record