PFE Dividend History & Analysis | 8.8% Yield

PFE has a dividend yield of 8.8% and paid 1.72 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 8.75%
Payout Ratio 53.8%
Growth Rate CAGR 5y 2.47%
Consistency Lifetime 97.9%
Yield on Cost 5y 6.17%
Payout FCF 93.5%
Streak Years 54
Dividend Rating 77.12%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Pharmaceuticals

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
SIGA 476 M 10.4% 12.6%
GS71 100,362 M 4.18% 6.87%
SAN 115,079 M 4.30% 6.11%
SNY 115,348 M 4.43% 5.67%
GSK 103,457 M 4.20% 5.59%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ZTS 55,380 M 18.9% 100%
VIRP 3,698 M 17.9% 82.1%
LLY 918,097 M 15.3% 99.5%
BMY 111,254 M 14.0% 92.6%
MRK 66,503 M 12.0% 91.8%

Quality Dividend Peers in Pharmaceuticals

BMY
MRK
Merck
3.70% Yield
JNJ
NVS
Novartis
3.68% Yield

PFE Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-23 2026-01-23 2026-03-06 Quarterly 0.43 0% 1.68%
2025-11-07 2025-11-07 2025-12-01 Quarterly 0.43 0% 1.77%
2025-07-25 2025-07-25 2025-09-02 Quarterly 0.43 0% 1.72%
2025-05-09 2025-05-09 2025-06-13 Quarterly 0.43 0% 1.91%
2025-01-24 2025-01-24 2025-03-07 Quarterly 0.43 2.4% 1.65%
2024-11-08 2024-11-08 2024-12-02 Quarterly 0.42 0% 1.55%
2024-07-26 2024-07-26 2024-09-03 Quarterly 0.42 0% 1.39%
2024-05-09 2024-05-10 2024-06-14 Quarterly 0.42 0% 1.51%
2024-01-25 2024-01-26 2024-03-01 Quarterly 0.42 2.4% 1.51%
2023-11-09 2023-11-10 2023-12-04 Quarterly 0.41 0% 1.34%
2023-07-27 2023-07-28 2023-09-05 Quarterly 0.41 0% 1.11%
2023-05-11 2023-05-12 2023-06-09 Quarterly 0.41 0% 1.09%
2023-01-26 2023-01-27 2023-03-03 Quarterly 0.41 2.5% 0.93%
2022-11-03 2022-11-04 2022-12-05 Quarterly 0.4 0% 0.86%
2022-07-28 2022-07-29 2022-09-06 Quarterly 0.4 0% 0.79%
2022-05-12 2022-05-13 2022-06-10 Quarterly 0.4 0% 0.82%
2022-01-27 2022-01-28 2022-03-04 Quarterly 0.4 2.6% 0.75%
2021-11-04 2021-11-05 2021-12-06 Quarterly 0.39 0% 0.88%
2021-07-29 2021-07-30 2021-09-07 Quarterly 0.39 0% 0.9%
2021-05-06 2021-05-07 2021-06-04 Quarterly 0.39 0% 1.01%
2021-01-28 2021-01-29 2021-03-05 Quarterly 0.39 2.6% N/A
2020-11-05 2020-11-06 2020-12-01 Quarterly 0.38 0% N/A
2020-07-30 2020-07-31 2020-09-01 Quarterly 0.38 0% N/A
2020-05-07 2020-05-08 2020-06-05 Quarterly 0.38 0% N/A
2020-01-30 2020-01-31 2020-03-06 Quarterly 0.38 5.6% N/A
2019-11-07 2019-11-08 2019-12-02 Quarterly 0.36 0% N/A
2019-08-01 2019-08-02 2019-09-03 Quarterly 0.36 0% N/A
2019-05-09 2019-05-10 2019-06-07 Quarterly 0.36 0% N/A
2019-01-31 2019-02-01 2019-03-01 Quarterly 0.36 5.9% N/A
2018-11-08 2018-11-09 2018-12-03 Quarterly 0.34 0% N/A
2018-08-02 2018-08-03 2018-09-04 Quarterly 0.34 0% N/A
2018-05-10 2018-05-11 2018-06-01 Quarterly 0.34 0% N/A
2018-02-01 2018-02-02 2018-03-01 Quarterly 0.34 6.3% N/A
2017-11-09 2017-11-10 2017-12-01 Quarterly 0.32 0% N/A
2017-08-02 2017-08-04 2017-09-01 Quarterly 0.32 0% N/A
2017-05-10 2017-05-12 2017-06-01 Quarterly 0.32 0% N/A
2017-02-01 2017-02-03 2017-03-01 Quarterly 0.32 6.7% N/A
2016-11-08 2016-11-11 2016-12-01 Quarterly 0.3 0% N/A
2016-08-03 2016-08-05 2016-09-01 Quarterly 0.3 0% N/A
2016-05-11 2016-05-13 2016-06-01 Quarterly 0.3 0% N/A
2016-02-03 2016-02-05 2016-03-02 Quarterly 0.3 7.1% N/A
2015-11-04 2015-11-06 2015-12-01 Quarterly 0.28 0% N/A
2015-08-05 2015-08-07 2015-09-02 Quarterly 0.28 0% N/A
2015-05-06 2015-05-08 2015-06-02 Quarterly 0.28 0% N/A
2015-02-04 2015-02-06 2015-03-03 Quarterly 0.28 7.7% N/A
2014-11-05 2014-11-07 2014-12-02 Quarterly 0.26 0% N/A
2014-07-30 2014-08-01 2014-09-03 Quarterly 0.26 0% N/A
2014-05-07 2014-05-09 2014-06-03 Quarterly 0.26 0% N/A
2014-02-05 2014-02-07 2014-03-04 Quarterly 0.26 8.3% N/A
2013-11-06 2013-11-08 2013-12-03 Quarterly 0.24 0% N/A

PFE Dividend FAQ

Pfizer Inc. (NYSE:PFE) discovers, develops, manufactures, markets and distributes a broad portfolio of biopharmaceutical products worldwide, spanning cardiovascular-migraine treatments (Eliquis, Nurtec ODT/Vydura), infectious-disease vaccines (Prevnar, Abrysvo, Trumenba), COVID-19 solutions (Comirnaty, Paxlovid), biosimilars (Xeljanz, Enbrel), and specialty therapies for amyloidosis, hemophilia, endocrine and sickle-cell diseases. The company also operates a contract-manufacturing business and serves a diverse customer base that includes wholesalers, hospitals, pharmacies and government agencies, while maintaining strategic collaborations with firms such as Bristol-Myers Squibb, Astellas, Merck KGaA, BioNTech and AI-focused partner Boltz, PBC.

What is the Dividend Yield of PFE?

As of January 2026, PFE`s dividend yield is 8.75%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.72 USD by the current share price of 26.44.

Does PFE pay a dividend?

As of January 2026, PFE paid a dividend of 1.72 USD in the last 12 months. The last dividend was paid on 2026-01-23 and the payout was 0.43 USD.

How often does PFE pay dividends?

PFE pays dividends quarterly. Over the last 12 months, PFE has issued 4 dividend payments. The last dividend payment was made on 2026-01-23.

PFE dividend forecast

Based on historical data, the forecasted dividends per share for PFE for the next 4 payments are between 0.417 (-3.0%) and 0.447 (+4.0%).
This suggests the dividend will remain relatively stable.

Will PFE pay dividends in 2026?

The latest dividend paid per share was 0.43 USD with an Ex-Dividend Date of 2026-01-23. The next Ex-Dividend date for Pfizer (PFE) is currently unknown.

What is the next Ex-Dividend Date for PFE?

The next Ex-Dividend date for Pfizer (PFE) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PFE?

PFE's average dividend growth rate over the past 5 years is 2.47% per year.
Weak growth: PFE's Dividend growth is lower than inflation.

What is the Yield on Cost of PFE?

PFE's 5-Year Yield on Cost is 6.17%. If you bought PFE's shares at 27.89 USD five years ago, your current annual dividend income (1.72 USD per share, trailing 12 months) equals 6.17% of your original purchase price.

What is the Payout Consistency of PFE?

PFE Payout Consistency is 97.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Pfizer has a strong track record of consistent dividend payments over its lifetime.

Does PFE have a good Dividend Yield?

PFE`s 8.75% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of PFE?

The Dividend Payout Ratio of PFE is 53.8%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of PFE?

PFE`s Overall Dividend Rating is 77.12%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PFE Outstanding Shares Analysis

What is the Trend in PFE's Outstanding Shares?

Pfizer's outstanding shares have increased by approximately 0.59% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has PFE ever had a Stock Split?

Yes, the last stock split was on Nov 17, 2020 with a ratio of 1054:1000.

This was a forward split: Each share became 1.05 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 3,929,712,000
1986 3,946,985,000 +0.44%
1987 3,964,138,000 +0.43%
1988 3,951,694,000 -0.31%
1989 3,971,489,000 +0.5%
1990 4,055,000,000 +2.1%
1991 3,924,285,700 -3.22%
1992 4,250,000,000 +8.3%
1993 3,570,000,000 -16%
1994 3,718,568,000 +4.16%
1995 3,774,960,000 +1.52%
1996 3,864,000,000 +2.36%
1997 3,909,000,000 +1.16%
1998 3,945,000,000 +0.92%
1999 6,322,000,000 +60.25%
2000 6,371,000,000 +0.78%
2001 6,241,000,000 -2.04%
2002 6,202,000,000 -0.62%
2003 7,791,000,000 +25.62%
2004 7,569,000,000 -2.85%
2005 7,382,000,000 -2.47%
2006 7,251,000,000 -1.77%
2007 6,875,000,000 -5.19%
2008 6,847,000,000 -0.41%
2009 6,762,000,000 -1.24%
2010 8,057,000,000 +19.15%
2011 7,687,000,000 -4.59%
2012 7,395,000,000 -3.8%
2013 6,533,000,000 -11.66%
2014 6,374,000,000 -2.43%
2015 6,174,000,000 -3.14%
2016 6,144,000,000 -0.49%
2017 6,064,000,000 -1.3%
2018 5,788,000,000 -4.55%
2019 5,631,000,000 -2.71%
2020 5,662,000,000 +0.55%
2021 5,768,000,000 +1.87%
2022 5,743,000,000 -0.43%
2023 5,647,000,000 -1.67%
2024 5,703,000,000 +0.99%
2025 5,714,000,000 +0.19%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-24 02:37