What it tells that PFE stock has a floor around $15-$16.
Investors are now looking for a safe dividend paying stock. Once the WYE acquisition is behind, I believe the stock will gradually move up reaching around $18-$20 by year end especially if PFE increases dividend in $0.20-$0.32 range.
A quarterly dividend hike to 20 cents can safely be expected and it's possible it can be raised as high as 24 cents. I don't think that anything beyond 24 cents though should be in the realm of expectations for 2010.
nice try. higher the dividend nowadays means no forward move to me.just customer satisfaction,telling me we have ways to go. it's like advertising,when a company does bad they advertise extensively.i'm an inwester and an addwiser,LOL.