Announcement of PFE's 8-cent annual dividend hike for 2013
Management is on record as saying that they are looking to be paying out 40% of their adjusted earnings as dividends. That would pretty much be consistent with a 96-cent annual payout. Beginning with the year 2001, PFE increased its annual dividend by exactly 8 cents a share in all years other than 2006-2009.
Sentiment: Buy