Thursday,
December 12th the Board of Directors of Pfizer Inc. (PFE) announced
a quarterly dividend increase of from $0.42 to $0.43 per share that’s
payable March 7, 2025 to holders of record January 24, 2025. This
represents a 2.38% increase over the last quarterly dividend.
“Our decision to increase our
quarterly dividend underscores our strong financial performance,
disciplined execution and our commitment to returning value to our
shareholders,” said Dr. Albert Bourla, Pfizer Chairman and Chief
Executive Officer.
With current price $25.77 (yesterday's close),
this raise brings their dividend yield to 6.67%.