Pfizer (PFE) Raises Quarterly Dividend 5.9% to $0.36, 3.3% Yield; Authorizes New $10B Buyback

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Pfizer Declares First-Quarter 2019 Dividend

December 14, 2018 12:10 PM EST

Board of Directors approves increase in quarterly cash dividend to $0.36 per share and authorizes new $10 billion share repurchase program

NEW YORK--(BUSINESS WIRE)-- The board of directors of Pfizer Inc. today declared a 36-cent first-quarter 2019 dividend on the companys common stock, payable March 1, 2019, to shareholders of record at the close of business on February 1, 2019. Pfizer increased the dividend by approximately 6 percent, to 36 cents from 34 cents per share. The first-quarter 2019 cash dividend will be the 321st consecutive quarterly dividend paid by Pfizer.

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