Pfizer (PFE) Dividend History & Yield
Pfizer (PFE) has increased its dividend for 16 consecutive years and currently yields 6.07%. The most recent payment was $0.4300/share on Jan 23, 2026, paid Quarterly.
PFE
Current Yield
6.07%
TTM Dividend/Share
$1.72
Payment Frequency
Quarterly
Payout Ratio
125.8%
Consecutive Growth Years
16
Div Growth (1Y CAGR)
2.38%
Div Growth (5Y CAGR)
2.50%
Div Growth (10Y CAGR)
4.38%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 125.8%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($1.60) does not fully cover dividend/share ($1.72).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
16 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Jan 23, 2026
- Payment date
- Mar 6, 2026
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
- Yield (ex-date)
- 6.71%
Ex-date Nov 7, 2025
- Payment date
- Dec 1, 2025
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
- Yield (ex-date)
- 7.04%
Ex-date Jul 25, 2025
- Payment date
- Sep 2, 2025
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
- Yield (ex-date)
- 6.90%
Ex-date May 9, 2025
- Payment date
- Jun 13, 2025
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
- Yield (ex-date)
- 7.63%
Ex-date Jan 24, 2025
- Payment date
- Mar 7, 2025
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
- Yield (ex-date)
- 6.48%
Ex-date Nov 8, 2024
- Payment date
- Dec 2, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 6.29%
Ex-date Jul 26, 2024
- Payment date
- Sep 3, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 5.43%
Ex-date May 9, 2024
- Payment date
- Jun 14, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 5.89%
Ex-date Jan 25, 2024
- Payment date
- Mar 1, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
- Yield (ex-date)
- 6.01%
Ex-date Nov 9, 2023
- Payment date
- Dec 4, 2023
- Dividend
- $0.4100
- Adj. dividend
- $0.4100
- Yield (ex-date)
- 5.53%
Ex-date Jul 27, 2023
- Payment date
- Sep 5, 2023
- Dividend
- $0.4100
- Adj. dividend
- $0.4100
- Yield (ex-date)
- 4.50%
Ex-date May 11, 2023
- Payment date
- Jun 9, 2023
- Dividend
- $0.4100
- Adj. dividend
- $0.4100
- Yield (ex-date)
- 4.31%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Jan 23, 2026 | Mar 6, 2026 | $0.4300 | $0.4300 | 6.71% |
| Nov 7, 2025 | Dec 1, 2025 | $0.4300 | $0.4300 | 7.04% |
| Jul 25, 2025 | Sep 2, 2025 | $0.4300 | $0.4300 | 6.90% |
| May 9, 2025 | Jun 13, 2025 | $0.4300 | $0.4300 | 7.63% |
| Jan 24, 2025 | Mar 7, 2025 | $0.4300 | $0.4300 | 6.48% |
| Nov 8, 2024 | Dec 2, 2024 | $0.4200 | $0.4200 | 6.29% |
| Jul 26, 2024 | Sep 3, 2024 | $0.4200 | $0.4200 | 5.43% |
| May 9, 2024 | Jun 14, 2024 | $0.4200 | $0.4200 | 5.89% |
| Jan 25, 2024 | Mar 1, 2024 | $0.4200 | $0.4200 | 6.01% |
| Nov 9, 2023 | Dec 4, 2023 | $0.4100 | $0.4100 | 5.53% |
| Jul 27, 2023 | Sep 5, 2023 | $0.4100 | $0.4100 | 4.50% |
| May 11, 2023 | Jun 9, 2023 | $0.4100 | $0.4100 | 4.31% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Pfizer has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 16 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.7200 | — | — |
| 2025 | $1.6800 | $1.7200 | +2.4% |
| 2024 | $1.6400 | $1.6800 | +2.4% |
| 2023 | $1.6000 | $1.6400 | +2.5% |
| 2022 | $1.5600 | $1.6000 | +2.6% |
| 2021 | $1.5200 | $1.5600 | +2.6% |
| 2020 | $1.4400 | $1.5200 | +5.6% |
| 2019 | $1.3600 | $1.4400 | +5.9% |
| 2018 | $1.2800 | $1.3600 | +6.3% |
| 2017 | $1.1368 | $1.2800 | +12.6% |
| 2016 | $1.1200 | $1.1368 | +1.5% |
| 2015 | $1.0400 | $1.1200 | +7.7% |
| 2014 | $0.9600 | $1.0400 | +8.3% |
| 2013 | $0.8800 | $0.9600 | +9.1% |
| 2012 | $0.7578 | $0.8800 | +16.1% |
| 2011 | $0.7200 | $0.7578 | +5.3% |
| 2010 | $0.7747 | $0.7200 | -7.1% |
| 2009 | $1.2126 | $0.7747 | -36.1% |
| 2008 | $1.0989 | $1.2126 | +10.3% |
| 2007 | $0.9104 | $1.0989 | +20.7% |
| 2006 | $0.7211 | $0.9104 | +26.3% |
| 2005 | $0.6452 | $0.7211 | +11.8% |
| 2004 | $0.5693 | $0.6452 | +13.3% |
| 2003 | $0.4934 | $0.5693 | +15.4% |
| 2002 | $0.4174 | $0.4934 | +18.2% |
| 2001 | $0.3416 | $0.4174 | +22.2% |
| 2000 | $0.2910 | $0.3416 | +17.4% |
| 1999 | $0.2404 | $0.2910 | +21.1% |
| 1998 | $0.2151 | $0.2404 | +11.8% |
| 1997 | $0.1898 | $0.2151 | +13.3% |
| 1996 | $0.1645 | $0.1898 | +15.4% |
| 1995 | $0.1486 | $0.1645 | +10.6% |
| 1994 | $0.1328 | $0.1486 | +11.9% |
| 1993 | $0.1170 | $0.1328 | +13.5% |
| 1992 | $0.1044 | $0.1170 | +12.1% |
| 1991 | $0.0949 | $0.1044 | +10.0% |
| 1990 | $0.0870 | $0.0949 | +9.1% |
| 1989 | $0.0791 | $0.0870 | +10.0% |
| 1988 | $0.0712 | $0.0791 | +11.1% |
| 1987 | $0.0648 | $0.0712 | +9.8% |
| 1986 | $0.0585 | $0.0648 | +10.8% |
| 1985 | $0.0522 | $0.0585 | +12.1% |
| 1984 | $0.0459 | $0.0522 | +13.8% |
| 1983 | $0.0364 | $0.0459 | +26.1% |
| 1982 | $0.0316 | $0.0364 | +15.0% |
| 1981 | $0.0285 | $0.0316 | +11.1% |
| 1980 | $0.0261 | $0.0285 | +9.1% |
| 1979 | $0.0231 | $0.0261 | +12.8% |
| 1978 | $0.0196 | $0.0231 | +18.2% |
| 1977 | $0.0170 | $0.0196 | +15.1% |
| 1976 | $0.0160 | $0.0170 | +6.2% |
| 1975 | $0.0156 | $0.0160 | +2.5% |
| 1974 | $0.0138 | $0.0156 | +12.8% |
| 1973 | — | $0.0138 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Pfizer pay dividends?
- Yes, Pfizer (PFE) pays quarterly dividends of approximately $1.72 per share annually, yielding 6.07%.
What is Pfizer's dividend yield?
- Pfizer (PFE) has a current dividend yield of 6.07%.
Is Pfizer's dividend safe?
- Pfizer (PFE) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Pfizer increased its dividend?
- Pfizer (PFE) has 16 consecutive years of dividend increases.
What is Pfizer's dividend payout ratio?
- Pfizer (PFE) has a dividend payout ratio of 125.8%.