Quick note on Pfizer’s Dividend Announcement
Source: http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog/0/0/quick-note-on-pfizers-dividend-announcementPosted on Wednesday, December 17th, 2008 | In Stocks to Watch
Contributed by: Nilus Mattive (http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog) -
This week, Pfizer announced that it would not be raising its dividend for the first time in 42 years. brbrLook at the stock’s current yield and you’ll see why. Heck, the very fact that they’re going to maintain that payment is pretty good, don’t you think? brbrSure, they could have tossed a penny onto the payment just to keep the record intact, but I’m not going to be too hard on them with everything going on in the markets.brbrSo am I still positive on the company? Yes.brbr
Last 5 posts by Nilus Mattive
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 About Nilus Mattive (http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog)
Nilus Mattive, a financial analyst at Weiss Research, is the editor of Dividend Superstars, a monthly publication and is also the editor of the company’s daily e-letter, Money and Markets. Formerly a senior editor of Standard & Poor’s The Outlook, the oldest continuously published investment newsletter in the country, he has written for a number of investment websites, including BusinessWeek and Individual Investor. Mr. Mattive is the author of The Standard & Poor’s Guide for the New Investor (McGraw-Hill, 2004) and has appeared on the popular investment radio show, Traders Nation, to discuss his views on personal finance. Mr. Mattive graduated cum laude from the University of Scranton. |
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