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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly) -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (413)6/25/1998 1:40:00 PM
From: Jim Lamb  Read Replies (1) | Respond to of 1722
 
PFE dividend unchanged

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Thursday June 25, 12:52 pm Eastern Time
Company Press Release
SOURCE: Pfizer Inc
Pfizer Declares a 19-Cent Third-Quarter Dividend
NEW YORK, June 25 /PRNewswire/ -- The board of directors of Pfizer Inc today declared a 19-cent third-quarter dividend on the company's common stock, payable September 10, 1998, to shareholders of record on August 7, 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 two quarters of this year, the quarterly dividend was 19 cents per share, a nearly 12-percent increase over the 1997 quarterly dividends. The third-quarter 1998 cash dividend is the 239th 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 more than $2 billion on research and development in 1998.

SOURCE: Pfizer Inc

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