Pfizer (PFE) Increases Dividend 7%

Pfizer is one of the world’s largest pharmaceutical companies with revenue of over $50 billion per year. Pfizer was founded in 1849 and is headquartered in New York, New York.

Pfizer was our December dividend stock of the month;  Read full analysis at; http://seekingalpha.com/article/4031829-pfizer-high-yield-pharmaceutical-firm-compelling-growth-drivers

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The dividend will be paid at the new higher rate on March 1, 2017, to shareholders of record at close of business on February 3, 2017. Pfizer’s (NYSE:PFE) dividend was increased by a solid 7% this week. Its overall yield is 3.90%. The firm started paying a dividend in 1993.Pfizer is currently priced at $32.63. Listed in the table below are the quarterly dividend payments since 2010.

Date Quarterly Dividend
2/3/2017 0.32
11/8/2016 0.3
8/3/2016 0.3
5/11/2016 0.3
2/3/2016 0.3
11/4/2015 0.28
8/5/2015 0.28
5/6/2015 0.28
2/4/2015 0.28
11/5/2014 0.26
7/30/2014 0.26
5/7/2014 0.26
2/5/2014 0.26
11/6/2013 0.24
7/31/2013 0.24
5/8/2013 0.24
1/30/2013 0.24
11/7/2012 0.22
8/1/2012 0.22
5/9/2012 0.22
2/1/2012 0.22
11/8/2011 0.2
8/3/2011 0.2
5/11/2011 0.2
2/2/2011 0.2
11/4/2010 0.18
8/4/2010 0.18
5/5/2010 0.18
2/3/2010 0.18

Quantitative Analysis:

Category Value Score
Dividend Yield 3.90% 64
Dividend Growth (3 to 6 year avg) 8.3% 253
Forward P/E 12.42  61
S&P Financial Rating AA 80
Beta  0.85  100
Total Score   558

Additional quantitative information on P/S ratio and historical yield;

% Yield 3 Year Div. Growth Rate 6 Year Div. Growth Rate SPS 2016 P/S Ratio 10 yr P/S Low 10 yr P/S High 5 yr lowest Yield % 5 yr max Yield %
3.90% 7.7% 8.9% 8.85 3.51 2.25 4.43 2.94% 4.08%

pfe3Chart Explanation:  Dividend growth stocks may be viewed favorably when the current yield is above historical readings for the past 5 years.

One thought on “Pfizer (PFE) Increases Dividend 7%

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