Dividend Announcement Thread!

[fenders53]

(12-10-2021, 05:51 PM)EricL Wrote:

(12-10-2021, 05:41 PM)fenders53 Wrote:

(12-10-2021, 12:16 PM)DividendGarden Wrote: Pfizer (NYSE: PFE) declares $0.40/share quarterly dividend, 2.6% increase from prior dividend of $0.39.

https://seekingalpha.com/news/3779224-pf...-26-to-040

That is some serious weak sauce.  So I hold this dog through 25 years of true pain, they finally win the FCF lotto, and offer up a dying yield trap type raise?  I am not at all amused.  My wife will start trimming PFE next week.  It's most of her ROTH port.  

Am I out of line?

Painless in a ROTH. I'd rather own AMGN or ABBV, perhaps MRK.

I will do some research but I am shocked.  Nobody thinks they won't have guaranteed lucrative cash flow from vaccinations for more than a year no matter what Covid does today.  They don't have to get much else right to keep the dividend very safe for years.  No interest in MRK but I have other pharma options for sure.