Dow Dividend Stock #4 – Pfizer (PFE)
Market Cap: $137.1 billion
Annual Dividend: $0.72
Dividend Yield: 4.2%
One of the biggest names in big pharma, Pfizer (PFE) is the
brains behind blockbuster cardiovascular medications Lipitor (for elevated cholesterol), Norvasc (for high blood pressure) and Caduet (for angina).
Pfizer is a high yield dividend stock that has moved up among Dow Jones ranks. PFE just paid a dividend in early March of 18 cents on the quarter,
a 12.5% increase over the previous quarter and boosting its annualized dividend to 72 cents. Pfizer reports earnings alongside fellow big pharma dividend
stock Merck on May 4.
- Poll of the Day