Pfizer Inc. PFE said late Thursday that its board of directors declared an increase in the company’s quarterly dividend to 42 cents a share, from 41 cents a share. The dividend is payable March 1 to holders of record on Jan. 26. “We are pleased to increase our quarterly dividend, which represents our fifteenth year of consecutive dividend increases,” Chief Executive Albert Bourla said in a statement. That demonstrates “Pfizer’s commitment to returning value to our shareholders and are a key part of our capital allocation strategy.”

Posted by Suze at 2023-12-19 19:05:47 UTC