Thursday, December 19, 2019

Dividend Increase – Pfizer Inc. (PFE)



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.






Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long PFE

Thanks for stopping by!

1 comment:

  1. Hawk -

    Smooth 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

    ReplyDelete