PFIZER DECLARES A 19-CENT FOURTH-QUARTER DIVIDEND
PR Wire
October 22, 1998, 12:28 a.m. ET
NEW YORK, Oct. 22 /PRNewswire/ -- The board of directors of Pfizer Inc
today declared a 19-cent fourth-quarter dividend on the company's common
stock, payable December 10, 1998, to shareholders of record on
November 6, 1998.
Pfizer dividend payments in 1997 totaled 68 cents a share, consisting of
four quarterly payments of 17 cents each, when adjusted for a June 1997 two-
for-one split of Pfizer common stock in the form of a 100-percent stock
dividend. In each of the first three quarters of this year, the quarterly
dividend was 19 cents per share, a nearly 12-percent increase over the 1997
quarterly dividends. The fourth-quarter 1998 cash dividend is the 240th
consecutive quarterly dividend paid by Pfizer.
Pfizer Inc is a research-based, global health-care company. The company
reported revenues of about $12.5 billion for 1997, and expects to spend about
$2.2 billion on research and development in 1998.
SOURCE Pfizer Inc
-0- 10/22/98
/CONTACT: Bob Fauteux of Pfizer, 212-573-3079/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 688250/
/Web site: pfizer.com
(PFE)
CO: Pfizer Inc
ST: New York
IN: MTC HEA
SU: DIV
-0- Oct/22/1998 12:13
EOS (PRN) Oct/22/98 12:13 **
-0- (PRN) Oct/22/1998 12:28 |
