Stocks Analysis by Brian Gilmartin covering: Pfizer Inc. Read Brian Gilmartin's latest article on Investing.com
A couple of weeks ago, this blog’s technician shot me a message, noting that he thought Pfizer shows the stock “oversold” on a monthly basis, and not that many stocks ever get truly oversold on a monthly basis, so you can say it’s an important technical indicator when it happens.
Is the dividend sustainable, and will the pharma giant be able to sustain the current $0.42 per quarter dividend pace and also continue to boost that dividend at the $0.04 per year rate ?The Pfizer common stock dividend in dollars per year is a little over $9 billion being returned currently to shareholders.
Morningstar did note that Pfizer is on track for $4 billion in cost cuts in ’24, which represents 50% of the current dividend payout in dollars. The stock is not yet a big holding for clients, but is held in more conservative accounts with more interest in dividend and interest income. a 4.8% – 5% dividend yield is about on par with where investment-grade ETF’s is yielding, but with a mid-A credit rating, PFE that is.)
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon Earnings Preview: The Model Is Evolving - AI Is Expected to Benefit RetailStocks Analysis by Brian Gilmartin covering: Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read Brian Gilmartin's latest article on Investing.com
Read more »
Coca-Cola Earnings Preview: AI-Based Improvements to Show Up in Operating MarginsStocks Analysis by Brian Gilmartin covering: Coca-Cola Co. Read Brian Gilmartin's latest article on Investing.com
Read more »
S&P 500 Earnings Remain Strong: Upside Surprise Higher than Last Few QuartersStocks Analysis by Brian Gilmartin covering: S&P 500, Microsoft Corporation, Alphabet Inc Class A, Apple Inc. Read Brian Gilmartin's latest article on Investing.com
Read more »
S&P 500 Earnings: Which Sectors Have Shown Improved Growth Rates for 2024?Stocks Analysis by Brian Gilmartin covering: S&P 500, Cisco Systems Inc, NVIDIA Corporation, Walmart Inc. Read Brian Gilmartin's latest article on Investing.com
Read more »
Walmart Earnings Preview: America’s Inflation Fighter and AI BeneficiaryStocks Analysis by Brian Gilmartin covering: Amazon.com Inc, Walmart Inc, Kroger Company, Albertsons Companies. Read Brian Gilmartin's latest article on Investing.com
Read more »
Nvidia to Report Earnings This Week Amid High Expectations, Positive MomentumStocks Analysis by Brian Gilmartin covering: Nasdaq 100, S&P 500, Microsoft Corporation, Apple Inc. Read Brian Gilmartin's latest article on Investing.com
Read more »