Pfizer Dividend

Arnie Guitar

Arnie Guitar

I was wondering how safe this dividend, and other dividends of similar yields are?
Or are they a forecast of future interest rates?
I don't see how they can continue to pay this div unless rates are going higher very soon.
 
They have the cash to pay it but they may have to slow down on the repurchases. Paid out 106% of eps last year. Less risky then the div's on some of the banks.
 
Quote from matgallis:

They not only have the cash for the dividend, but they also have the ample cash flow to finance it even with a reduction in bottom line profits through 2009. They do need to get their shit together in other areas, not financial positioning. How about some new blockbuster drugs please?

https://www.etrade.wallst.com/v1/stocks/fundamentals/cashflowstatement.asp
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There will be no "block buster" drugs for Pfizer any time soon, unless they acquire someone else. Their pipline is empty....
 
Quote from clacy:

There will be no "block buster" drugs for Pfizer any time soon, unless they acquire someone else. Their pipline is empty....
More...

Exactly! They have ZERO pipeline. I know they're at a new ten year low, and their P/E is about "right," but the pipeline is dry as clacy noted.

I wouldn't risk it for a 7.20% div yield. PFE is trading 8% under the 50dma, and 18% under the 200. I'd be on the sidelines on PFE for now.
 
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