- Pfizer (NYSE:PFE) declares $0.36/share quarterly dividend, 5.9% increase from prior dividend of $0.34.
- Forward yield 3.3%
- Payable March 1; for shareholders of record Feb. 1; ex-div Jan. 31.
The board of directors of Pfizer Inc. declared a 36-cent
first-quarter 2019 dividend on the company’s common stock, payable March 1,
2019, to shareholders of record at the close of business on February 1, 2019.
Pfizer increased the dividend by approximately 6 percent, to 36 cents from 34
cents per share. The first-quarter 2019 cash dividend will be the 321st
consecutive quarterly dividend paid by Pfizer.
Keeping with past practice, the board of directors also
authorized a new $10 billion share repurchase program to be utilized over time.
This new program is in addition to the $4.9 billion remaining under the
company’s current authorization.
“We are confident in the business and focused on maximizing
total shareholder return, of which the dividend remains a key component,”
stated Ian Read, Pfizer chairman and chief executive officer.
According to the list of U.S. Dividend Champions, Pfizer Inc. is a Dividend Challengers. Pfizer has an 8-year dividend, raising streak.
Dividend
Growth Rates
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DGR
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DGR
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DGR
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DGR
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1-yr
|
3-yr
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5-yr
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10-yr
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6.7
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7.2
|
7.8
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1.0
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Dividend Yield Chart:
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