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PFE Pfizer Inc

27.86
0.16 (0.58%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pfizer Inc NYSE:PFE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 0.58% 27.86 27.905 27.52 27.86 60,567,753 00:59:06

Pfizer Increases Dividend 2.4% to 42 Cents

14/12/2023 10:14pm

Dow Jones News


Pfizer (NYSE:PFE)
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From Nov 2023 to May 2024

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By Denny Jacob

 

Pfizer increased its quarterly cash dividend 2.4% to 42 cents a share from 41 cents.

The new payout, equal to $1.68 a year, represents an annual yield of 6.4% based on Thursday's closing price of $26.13.

The drugmaker said the dividend is payable on March 1 to shareholders of record at the close of business on Jan. 26.

News of the increased dividend comes a day after Pfizer said its revenue could fall next year and issued 2024 guidance below analysts' expectations, sending its shares to its lowest close in more than nine years.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

December 14, 2023 16:59 ET (21:59 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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