Trailing Dividend / Share
$1.72
Pfizer Inc. (PFE) Dividend History
Income profile from 1972 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
6.5%
Payout Ratio
1.3%
Sustainable
Dividend Streak
15 years
PFE Dividend Income Check
Safety
1.3% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 4.7% and trend is rising.
PFE Dividend Scorecard
Yield & Income
Dividend Yield6.5%
Trailing DPS$1.72
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout1.3%
Earnings SafetySustainable
FCF Payout103.1%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak15 years
3Y CAGR2.4%
5Y CAGR2.5%
Yield on Cost (5Y)4.7%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield6.5%
1Y Total Return18.0%
5Y Total Return-13.2%
Div Contribution (5Y)20.6%
Estimated $10K growth (return + dividends):
5Y ago$8,67710Y ago$13,04920Y ago$21,193
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
PFE Income Growth Story
Dividend per share and yield on cost over time (55 years of payments)
PFE Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Pfizer Inc. distributes 1.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 103.1%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
PFE has raised its dividend for 15 consecutive years, with a 3-year CAGR of 2.4% and 5-year CAGR of 2.5%.
Total Shareholder Returns
Beyond cash dividends, PFE returns capital through share repurchases. The combined picture: 6.5% dividend yield, 6.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.7% and is currently rising. The 5-year total return is -13.2%, with dividends contributing 20.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $13,049 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
PFE Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.28
Avg/Payment$0.4140
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 8, 2026Latest | $0.4300 | — | 6.51% | Jun 12, 2026 |
| Jan 23, 2026 | $0.4300 | — | 6.71% | Mar 6, 2026 |
| Nov 7, 2025 | $0.4300 | — | 7.04% | Dec 1, 2025 |
| Jul 25, 2025 | $0.4300 | — | 6.90% | Sep 2, 2025 |
| May 9, 2025 | $0.4300 | — | 7.63% | Jun 13, 2025 |
| Jan 24, 2025 | $0.4300 | ↑ +2.4% | 6.48% | Mar 7, 2025 |
| Nov 8, 2024 | $0.4200 | — | 6.29% | Dec 2, 2024 |
| Jul 26, 2024 | $0.4200 | — | 5.43% | Sep 3, 2024 |
PFE Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
6.5%
#1 of 9
Safety
Sustainable
1.3% payout
Streak
15Y
2.5% 5Y CAGR
Total Shareholder
6.5%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st PFEPfizer Inc. | $150.4B | 6.5% | 1.3% | 15 | Sustainable |
 JNJJohnson & Johnson | $543.6B | 2.2% | 84.1% | 36 | Watch |
 MRKMerck & Co., Inc. | $279.5B | 2.9% | 44.8% | 14 | Sustainable |
3rd  ABBVAbbVie Inc. | $364.6B | 3.2% | 2.8% | 13 | Sustainable |
 LLYEli Lilly and Compan… | $933.7B | 0.6% | 26.1% | 11 | Sustainable |
2nd  BMYBristol-Myers Squibb… | $116.2B | 4.3% | 71.5% | 6 | Watch |
 AZNAstraZeneca PLC | $281.0B | 1.8% | 49.6% | 4 | Sustainable |
 NVSNovartis AG | $277.6B | 2.8% | 55.9% | 6 | Sustainable |
 AMGNAmgen Inc. | $177.9B | 2.9% | 66.5% | 15 | Watch |
PFE Annual Dividend History (1972–2026)
55 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.86 | — | 2 | — | — | — | 2.3% |
| 2025 | $1.72 | 2.4% | 4 | $1.36 | 126.5% | 0.79x | 4.7% |
| 2024 | $1.68 | 2.4% | 4 | $1.41 | 119.1% | 0.84x | 4.6% |
| 2023 | $1.64 | 2.5% | 4 | $0.37 | 441.8% | 0.23x | 4.5% |
| 2022 | $1.60 | 2.6% | 4 | $5.47 | 29.2% | 3.42x | 4.3% |
| 2021 | $1.56 | 2.6% | 4 | $3.88 | 40.2% | 2.49x | 4.2% |
| 2020 | $1.52 | 5.6% | 4 | $1.63 | 93.5% | 1.07x | 4.1% |
| 2019 | $1.44 | 5.9% | 4 | $2.87 | 50.2% | 1.99x | 3.9% |
| 2018 | $1.36 | 6.3% | 4 | $1.87 | 72.9% | 1.37x | 3.7% |
| 2017 | $1.28 | 12.6% | 4 | $3.52 | 36.4% | 2.75x | 3.5% |
Full PFE Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See PFE's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonPFE — Frequently Asked Questions
Quick answers to the most common questions about buying PFE stock.
How much dividend does PFE pay per share?
Pfizer Inc. (PFE) pays a trailing 12-month dividend of $1.72 per share, with a current dividend yield of +6.5%. Payments are made Semi-Annual.
When is PFE's next ex-dividend date?
PFE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PFE typically pays dividends Semi-Annual.
Is PFE's dividend safe?
PFE's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.3% and FCF payout ratio of +103.1%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is PFE a Dividend Achiever?
Yes, Pfizer Inc. is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +2.5%, demonstrating modest dividend growth.
How often does PFE pay dividends?
Pfizer Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.72 per share. Dividend data on this page covers 54+ years from 1972 to 2026.
How much would $10,000 invested in PFE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PFE five years ago would be worth approximately $8,677 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PFE's yield on cost for long-term holders?
PFE's yield on cost — the current dividend divided by the original purchase price — is +4.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +6.5% market yield, thanks to consistent dividend growth.