Dividend Increase – Pfizer Inc. (PFE)

Yesterday the board of directors of Pfizer Inc. announced a quarterly dividend increase of from $ 0.30 to $ 0.32 per share that’s payable March 1, 2017 to holders of record February 3, 2017. This represents a 6.67% increase to regular quarterly dividends.

With current price $ 32.40 (yesterday's close), this raise brings their dividend yield to 3.95%. 

Since I own 200 shares this will increase my yearly net dividends by $ 11.92.

That increase rises my YOC to 4.47% 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

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