Pfizer Stock To Go Ex-dividend Tomorrow (PFE)

NEW YORK ( TheStreet) -- The ex-dividend date for Pfizer (NYSE: PFE) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $22.42 as of 9:30 a.m. ET, the dividend yield is 3.9%.

The average volume for Pfizer has been 36.1 million shares per day over the past 30 days. Pfizer has a market cap of $168.69 billion and is part of the health care sector and drugs industry. Shares are up 3.7% year to date as of the close of trading on Monday.

Pfizer Inc., a biopharmaceutical company, engages in the discovery, development, manufacture, and sale of medicines for people and animals worldwide. The company has a P/E ratio of 20.5, above the average drugs industry P/E ratio of 17.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Pfizer Ratings Report.

See our dividend calendar or top-yielding stocks list.

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