Pfizer (PFE) Raises Quarterly Dividend 6.3% to $0.34; Approves $10 Billion Buyback Plan

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Pfizer Declares First-Quarter 2018 Dividend

December 18, 2017 11:44 AM EST

Board of Directors Approves Increase in Quarterly Cash Dividend to $0.34 Per Share and Authorizes New $10 Billion Share Repurchase Program

NEW YORK--(BUSINESS WIRE)-- The board of directors of Pfizer Inc. today declared a 34-cent first-quarter 2018 dividend on the companys common stock, payable March 1, 2018, to shareholders of record at the close of business on February 2, 2018. Pfizer increased the dividend by approximately 6 percent, to 34 cents from 32 cents per share. The first-quarter 2018 cash dividend will be the 317th consecutive quarterly dividend paid by Pfizer.

Keeping with past practice, the board of directors also authorized a new... More