Don't you think this is a good reason to hold this stock . Over the course of the year, it will pay each shareholder a whopping 7.6% of its current share price. That yield is one of the highest in the drug industry, and is a big reason for investors to hold on to Pfizer stock at its current price.
Pfizer Declares a 32-Cent First-Quarter 2009 Dividend Monday December 15, 3:45 pm ET
NEW YORK--(BUSINESS WIRE)--The board of directors of Pfizer Inc (NYSE: PFE - News) today declared a 32-cent first-quarter 2009 dividend on the company’s common stock, payable March 3, 2009, to shareholders of record at the close of business on February 6, 2009. The first-quarter 2009 cash dividend will be the 281th consecutive quarterly dividend paid by Pfizer.