Pfizer has paid a dividend since 1980 and has grown it for 11 years in a row, earning the business the title of Dividend Contender. PFE was a Dividend Aristocrat until the Great Recession, when it slashed its dividend.
Pfizer has a wide moat thanks to its strategic assets (patents), economies of scale, and strong distribution network. The company has a broad and diverse medicine portfolio, as well as a steady pipeline of novel products.
Is Pfizer a good dividend stock?
Despite its caution, PFE offers investors one of the highest dividend rates. With a current yield of 3.7 percent, it ranks among the top 25% of dividend payers in the market. Due to the recent price increase, its yield appears to be low. As a result, investors who made investments in 2021 saw their money grow.
Are dividend aristocrats a good investment?
Dividend aristocrats are firms that have a demonstrated track record of increasing their dividends year after year. Many investors believe them to be the best equity income investments you can make because of their continuous performance.
What is Pfizer’s dividend?
BUSINESS WIRE—NEW YORK—(BUSINESS WIRE)— Pfizer Inc. (NYSE: PFE) stated today that its board of directors has authorized a 39-cent fourth-quarter 2021 dividend on the company’s common stock, which will be paid on December 6, 2021 to stockholders of record on November 5, 2021. Pfizer will pay its 332nd consecutive quarterly cash dividend in the fourth quarter of 2021.
How many years has Pfizer paid a dividend?
Pfizer’s Dividend History for the Past 32 Years | PFE. Pfizer’s (PFE) dividend payout and yield data since 1989. Pfizer (PFE) has a current TTM dividend payout of $1.56 as of December 03, 2021.
Is there a dividend Aristocrats ETF?
The ProShares S&P 500Dividend Aristocrats ETF seeks investment results that replicate the performance of the S&P 500Dividend AristocratsIndex before fees and expenses.
Do Dividend Aristocrats outperform S&P 500?
The S&P 500 Dividend Aristocrats index focuses solely on a small number of high-quality companies within the S&P 500 that have increased their dividends for at least 25 years. The Dividend Aristocrats presently include 50 well-known companies, with more than half of them having increased their dividends for more than 40 years.
The S&P Dividend Aristocrats Index has outperformed the broader S&P 500 Index with reduced volatility since its debut in May 2005.
Dividend Aristocrats Outperformed the S&P 500
The performance mentioned is from the past and does not guarantee future results. An investment’s return and principle value will change, so an investor’s shares may be worth more or less than the original cost when sold or redeemed. The actual performance may be lower or higher than that stated. See Performance for standardized returns and performance data up to the most recent month end. Index results are purely for demonstration purposes and do not reflect fund performance. Management fees, transaction charges, and expenses are not included in index performance returns. Indexes are not managed and cannot be invested in.
How often does Pfizer pay dividends?
Pfizer distributes a $0.39 quarterly dividend to its stockholders today. That’s a slight increase above the $0.38 it paid a year ago. Its dividends have been steadily increasing since 2010, but it lacks the required 25-year track record to be classed as a Dividend Aristocrat. That doesn’t rule out the possibility of a hike next month, as it did a year ago.
Does NVDA pay a dividend?
NVDA pays a $0.16 per share dividend. The yearly dividend yield for NVDA is 0.05 percent. Nvidia pays a lesser dividend than the US Semiconductors industry average of 1.66 percent and the US market average of 4.47 percent.
