12-12-2021, 08:37 AM
(This post was last modified: 12-12-2021, 08:39 AM by cemanuel.
Edit Reason: clarity
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(12-12-2021, 08:27 AM)fenders53 Wrote: I did fail to credit PFE with one fact. They spun off Viatris with a nice dividend and if was expected PFE would cut the dividend to recover it several quarters ago. They did not cut so the annual dividend raise was fine this year. And it should be given the billions of Covid revenue.
I've been applying that to last year and saying that with the VTRS spinoff they gave what amounted to a $.03 rather than a $.01 2020 increase. Should I be applying it to this one? Just figured spinning off Upjohn and that year's hike would be from 2020, not 2021 cash flows.