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News  ›  The Motley Fool

Billionaire Israel "Izzy" Englander Has Loaded Up on This Dividend King. Should You?

The Motley Fool Logo The Motley Fool • •By Keith Speights
Billionaire Israel

Billionaire investor Izzy Englander significantly increased his stake in AbbVie, a pharmaceutical company with a strong dividend history and promising drug pipeline, suggesting potential investment opportunity.

Insights
ABBV   positive

Strong drug pipeline with Skyrizi and Rinvoq, attractive valuation (forward P/E of 16.8), consistent dividend increases for 53 consecutive years, and successful navigation of Humira's patent expiration