Pfizer (PFE) Dividend 2024 Record Date, Share Price, History

What is Pfizer?

News: Pfizer is a well-known pharmaceutical company that develops medicines and vaccines. They’ve been at the forefront of healthcare innovations for decades.

Dividends:

Dividends are payments made by a company to its shareholders. These payments come from the company’s profits. When you own shares in a company like Pfizer, you’re entitled to a portion of these profits.

Pfizer’s Dividend History

• For the year ending March 2023, Pfizer declared an equity dividend of 700.00%, which amounts to Rs 70 per share.
• Shareholders who held Pfizer stock as of January 26, 2024, were eligible to receive the dividend payment, which was scheduled to be distributed on March 1, 2024.
• Pfizer’s board of directors announced an increase in the quarterly cash dividend to $0.42 for the first quarter of 2024. This dividend was payable on March 1, 2024.

Dividend Yield and Share Price

• As of February 9, 2024, Pfizer’s dividend yield stands at $27.56.
• The current share price of Pfizer is $27.56.

About Pfizer (PFE) Company

History and Founders:

• Pfizer was established in 1849 in New York by two German entrepreneurs: Charles Pfizer (1824–1906) and his cousin Charles F. Erhart (1821–1891).

• Initially, they produced chemical compounds and an antiparasitic called santonin.

• Their breakthrough came with the production of citric acid in the 1880s.

• Over the years, Pfizer expanded its operations and became a major player in the pharmaceutical industry.

Areas of Expertise:

Pfizer develops and produces medicines and vaccines across various therapeutic areas, including:

• Immunology

• Oncology

• Cardiology

• Endocrinology

• Neurology

Notable Products:

Some of Pfizer’s top-selling products include:

• The Pfizer–BioNTech COVID-19 vaccine, which generated $37 billion in revenues in 2022.

• Nirmatrelvir/ritonavir, contributing $18 billion in revenues in 2022.

• Apixaban, a blood thinner with $6 billion in revenues in 2022.

• A pneumococcal conjugate vaccine, also with $6 billion in revenues in 2022.

• Palbociclib, used in treating breast cancer, with $5 billion in revenues in 2022.

Global Presence:

• In 2022, 42% of Pfizer’s revenues came from the United States, 8% from Japan, and the remaining 50% from other countries.

Investors keep a close eye on dividend announcements. Pfizer’s consistent dividend history makes it an attractive choice for those seeking stable returns.

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FAQs

When will Pfizer pay its dividend in the first quarter of 2024?

Pfizer is set to distribute its dividend on March 1st for the first quarter of 2024.

How much money will shareholders receive per share as a dividend from Pfizer in the first quarter of 2024?

Each share of Pfizer stock will bring in a dividend of $0.42 for the first quarter of 2024.

Who can get the dividend payment from Pfizer in the first quarter of 2024?

If you own Pfizer stocks as of January 26, 2024, congratulations! You’re eligible to receive the dividend payment for the first quarter of 2024.