Pfizer Inc (PFE) Dividend
Pfizer Inc (PFE) currently pays a dividend yield of 6.12%, distributing $1.72 per share annually ($0.43 per quarter). The company operates in the Healthcare sector.
PFE has raised its dividend for 16 consecutive years.
PFE dividend at a glance
| Dividend Yield | 6.12% |
|---|---|
| Annual Dividend | $1.72 per share |
| Per Payment | $0.43 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 23, 2026 |
| Next Payment Date | December 1, 2026 |
| Payout Ratio | 131% |
| Consecutive Years of Dividend Growth | 16 |
| Sector | Healthcare |
| Implied Share Price (from yield) | $28.10 |
What PFE pays on a $10,000 investment
At a 6.12% yield, $10,000 invested in PFE generates about $612.00 per year, or roughly $153.00 every quarter. Share counts below use an implied price of $28.10, derived from the $1.72 annual dividend and the 6.12% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 35.6 | $61.20 | $15.30 |
| $5,000 | 177.9 | $306.00 | $76.50 |
| $10,000 | 355.8 | $612.00 | $153.00 |
| $25,000 | 889.5 | $1,530.00 | $382.50 |
| $100,000 | 3,558.1 | $6,120.00 | $1,530.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PFE dividend payment schedule
PFE pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 23, 2026, with payment on December 1, 2026. Later rows are projected forward at the same interval and will shift when Pfizer Inc declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 23, 2026 | December 1, 2026 | $0.43 | Confirmed |
| January 23, 2027 | March 3, 2027 | $0.43 | Projected |
| April 23, 2027 | June 1, 2027 | $0.43 | Projected |
| July 23, 2027 | August 31, 2027 | $0.43 | Projected |
To collect a PFE dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PFE's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. PFE's 6.12% is 1.89 percentage points above that median, ranking 284th of 714 by yield.
Within Healthcare, where we track 23 names, the median yield is 2.33% — putting PFE above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 16-year run of dividend increases ranks 96th out of the 363 names in our data with an active growth streak.
What the numbers mean
PFE pays out roughly 131% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, PFE distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PFE dividend FAQ
When is the next PFE ex-dividend date?
The next PFE ex-dividend date is October 23, 2026, with the payment scheduled for December 1, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PFE's dividend yield?
PFE currently yields 6.12%, based on $1.72 in dividends per share over the past year.
How often does PFE pay dividends?
PFE pays quarterly, which works out to 4 payments per year of about $0.43 per share.
How much dividend income would $10,000 of PFE generate?
At the current 6.12% yield, $10,000 invested in PFE would produce roughly $612.00 per year, or about $153.00 per quarter, before taxes and assuming the dividend holds.
Has PFE increased its dividend?
Yes — PFE has raised its dividend for 16 consecutive years.
PFE dividend history
DivTrkr holds 217 recorded PFE dividend payments going back to 1972, with 16 consecutive complete years of increases and +3.6% a year of growth over the last five complete years. See the full PFE dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Healthcare dividend payers
- PFFA — Virtus InfraCap U.S. Preferred Stock ETF dividend (10.48%)
- BMY — Bristol-Myers Squibb dividend (4.10%)
- MDT — Medtronic PLC dividend (3.33%)
- CVS — CVS Health Corporation dividend (3.12%)
- ABBV — AbbVie Inc. dividend (2.66%)
- ABT — Abbott Laboratories dividend (2.61%)
- UNH — UnitedHealth Group dividend (2.54%)
- AMGN — Amgen Inc dividend (2.48%)
Similar yields to PFE
- ARE — Alexandria Real Estate Equities, Inc. dividend (6.12%)
- O — Realty Income Corporation dividend (6.10%)
- CMCSA — Comcast Corporation dividend (6.08%)
- VZ — Verizon Communications Inc. dividend (6.16%)
- NNN — NNN REIT, Inc. dividend (6.17%)
- ANWPX — American Funds New Perspective A dividend (6.18%)
Track PFE dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.