Pfizer Boosts Dividend to 38 Cents
December 16 2019 - 9:13AM
Dow Jones News
By Michael Dabaie
Pfizer Inc. (PFE) Monday boosted its dividend by 6% to 38 cents
from 36 cents a share.
"The dividend increase is a testament to our commitment to
returning capital to shareholders and reflects our continued
confidence in the business and in our pipeline," Chief Executive
Albert Bourla said.
Pfizer also said it plans to host an investor day March 31 and
will provide updates on the company's progress in advancing its
research and development pipeline, specifically on product
candidates that are expected to launch by 2025.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
December 16, 2019 08:58 ET (13:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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