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PFE Pfizer Inc

27.18
0.00 (0.00%)
02 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
  0.00 0.00% 27.18 0 01:00:00

Pfizer Raises Dividend 6%, Sets New $10 Billion Buyback Program

18/12/2017 5:32pm

Dow Jones News


Pfizer (NYSE:PFE)
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   By Chris Wack 
 

Pfizer Inc. (PFE) on Monday said it raised its quarterly dividend by 6% to 34c from 32c, starting in the first quarter.

The drug maker also authorized a new $10 billion stock-buyback plan. The new program is in addition to the $6.4 billion remaining under the company's current authorization.

"The dividend increase and new repurchase program demonstrate our commitment to returning capital to shareholders," Pfizer CEO Ian Read said.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

December 18, 2017 12:17 ET (17:17 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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