Monday the 16th of December the Board of Directors of Pfizer Inc. announced a quarterly dividend increase from $ 0.36 to $ 0.38 per share that’s payable March 6, 2020 to holders of record January 31, 2020. This represents a 5.56% increase to the last quarter dividend.
“The dividend increase is a testament to our commitment
to returning capital to shareholders and reflects our continued confidence in
the business and in our pipeline,” stated Dr. Albert Bourla, Pfizer chief
executive officer. “It also reinforces that our focus on creating meaningful
value for patients benefits all our stakeholders.”
With current price $ 39.01 (Wednesday's open), this raise
brings their dividend yield to 3.90 %.
Since I own 235 shares of PFE, this will increase my
portfolio's projected annual net dividend income by $ 14.01.
This increase raises my YOC to 5.23%.
Summary of 2019 Dividend Increases / Cuts
No.
|
Ticker
|
Increase %
|
Net Increase
|
Net Increase
|
No.
|
Ticker
|
Increase %
|
Net Increase
|
Net Increase
|
€
|
$
|
€
|
$
|
||||||
1
|
TSX:CU
|
7.48%
|
8.14
|
9.93
|
2
|
O
|
2.04%
|
3.00
|
3.42
|
3
|
OKE
|
0.58%
|
0.65
|
0.75
|
4
|
WEC
|
6.79%
|
1.47
|
1.68
|
5
|
KMB
|
3.00%
|
1.02
|
1.16
|
6
|
INTC
|
5.00%
|
15.81
|
17.88
|
7
|
TELIA1
|
2.61%
|
13.00
|
14.82
|
8
|
NCC
|
-50.00%
|
-86.22
|
-98.61
|
9
|
CVX
|
6.25%
|
10.90
|
12.52
|
10
|
UPM
|
13.04%
|
122.93
|
140.95
|
11
|
GILD
|
10.53%
|
5.47
|
6.26
|
12
|
ADM
|
4.48%
|
3.33
|
3.80
|
13
|
MMM
|
5.88%
|
1.25
|
1.43
|
14
|
BIP
|
6.91%
|
0,77
|
0,87
|
15
|
NESTE
|
34.12%
|
172.84
|
196.45
|
16
|
ORNBV
|
3.45%
|
11.17
|
12.70
|
17
|
KESKOB
|
6.36%
|
10.43
|
11.85
|
18
|
SAMPO
|
9.62%
|
28.86
|
32.77
|
19
|
TSX:BCE
|
4.97%
|
7.79
|
8.84
|
20
|
TEL2
|
10.00%
|
6.42
|
7.24
|
21
|
TROW
|
8.57%
|
8.72
|
9.83
|
22
|
SKT
|
1.43%
|
1.98
|
2.24
|
23
|
CSCO
|
6.06%
|
9.76
|
11.03
|
24
|
PEP
|
2.96%
|
7.25
|
8.19
|
25
|
KO
|
2,56%
|
3.94
|
4.47
|
26
|
KHC
|
-36.00%
|
-59.14
|
-67.05
|
27
|
DLR
|
6.93%
|
22.08
|
25.03
|
28
|
MGA
|
10.61%
|
4.60
|
5.22
|
29
|
TSX:RY
|
4.08%
|
9.60
|
10.89
|
30
|
TSX:BNS
|
2.35%
|
6.16
|
7.02
|
31
|
ETN
|
7.58%
|
3.93
|
4.47
|
32
|
MAIN
|
2.56%
|
3.93
|
4.47
|
33
|
TSX:CM
|
2.94%
|
1.19
|
1.36
|
34
|
TSX:TD
|
10.45%
|
25.07
|
28.51
|
35
|
O
|
0.22%
|
0.34
|
0.38
|
36
|
WPC
|
0.19%
|
0.37
|
0.42
|
37
|
WSM
|
11.63%
|
5.87
|
6.71
|
38
|
KMI
|
25.00%
|
26.38
|
29.80
|
39
|
UNA:AS
|
5.99%
|
5.53
|
6.21
|
40
|
OKE
|
0.58%
|
0.66
|
0.75
|
41
|
LAZ
|
6.82%
|
8.01
|
8.94
|
42
|
JNJ
|
5.56%
|
8.03
|
8.94
|
43
|
MAIN
|
2.50%
|
1.73
|
1.94
|
44
|
BAX
|
15.79%
|
4.80
|
5.36
|
45
|
CAH
|
1.01%
|
0.73
|
0.82
|
46
|
TSX:T
|
3.21%
|
6.21
|
6.96
|
47
|
AQN
|
9.98%
|
17.04
|
19.07
|
48
|
FLO
|
5.56%
|
4.96
|
5.51
|
49
|
O
|
0.22%
|
0.34
|
0.38
|
50
|
TGT
|
3.13%
|
6.08
|
6.85
|
51
|
DUK
|
1.89%
|
1.63
|
1.83
|
52
|
WBA
|
3.98%
|
2.32
|
2.61
|
53
|
OKE
|
2.89%
|
3.34
|
3.73
|
54
|
NTR
|
4.65%
|
2.94
|
3.28
|
55
|
ITW
|
7.00%
|
3.75
|
4.17
|
56
|
TSX:RY
|
2.94%
|
7.27
|
8.06
|
57
|
TSX:CM
|
2.86%
|
2.35
|
2.60
|
58
|
MO
|
5.00%
|
18.82
|
20.86
|
59
|
TSX:BNS
|
3.45%
|
9.43
|
10.47
|
60
|
TSX:FTS
|
6.11%
|
7.89
|
8.71
|
61
|
PM
|
2.63%
|
6.91
|
7.60
|
62
|
WPC
|
0.19%
|
0.38
|
0.42
|
63
|
O
|
0.22%
|
0.34
|
0.38
|
64
|
MCD
|
7.76%
|
4.86
|
5.36
|
65
|
TSX:EMA
|
4.26%
|
6.68
|
7.31
|
66
|
COP
|
37.70%
|
9.37
|
10.28
|
67
|
OHI
|
1.52%
|
5.00
|
5.51
|
68
|
OKE
|
2.81%
|
3.35
|
3.73
|
69
|
VFC
|
11.63%
|
11.40
|
12.67
|
70
|
ABBV
|
10.28%
|
23.48
|
26.22
|
71
|
EMR
|
2.04%
|
1.61
|
1.79
|
72
|
WRK
|
2.20%
|
1.89
|
2.09
|
73
|
TSX:T
|
3.56%
|
7.36
|
8.14
|
74
|
TSX:ENB
|
9.76%
|
21.95
|
24.31
|
75
|
O
|
0.22%
|
2.41
|
2.68
|
76
|
D
|
2.45%
|
2.41
|
2.68
|
77
|
T
|
1.96%
|
8.31
|
9.24
|
78
|
PFE
|
5.56%
|
12.58
|
14.01
|
TOTAL
|
€673.10
|
$759.85
|
Increases
have been reported by deducting a 25.5% capital income tax.
Full Disclosure: Long PFE
Thanks for stopping by!
Hawk -
ReplyDeleteSmooth and steady at that close to 6% mark. At some point, they'll have to increase more than the 2 cent per share increase!
-Lanny