Pfizer Inc. (NYSE: PFE) today announced that its board of directors declared an increase in the quarterly cash dividend on the company's common stock to $0.42 for the first-quarter 2024 dividend, payable March 1, 2024, to holders of the Common Stock of record at the close of business on January 26, 2024. The first-quarter 2024 cash dividend will be the 341st consecutive quarterly dividend paid by Pfizer.
"We are pleased to increase our quarterly dividend, which represents our fifteenth year of consecutive dividend increases," said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer. "Our ongoing increases have demonstrated Pfizer's commitment to returning value to our shareholders and are a key part of our capital allocation strategy."
