Dow Component Pfizer (PFE) To Go Ex-dividend Tomorrow

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The Dow Jones Industrial Average ( ^DJI) is trading up 46 points (+0.3%) at 17,028 as of Tuesday, Jul 29, 2014, 10:36 a.m. ET. During this time, 117.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305 million. The NYSE advances/declines ratio sits at 1,771 issues advancing vs. 1,068 declining with 221 unchanged.
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Wednesday, July 30, 2014 is the ex-dividend date for Dow component Pfizer (NYSE: PFE). Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $30.21 as of 10:36 a.m. ET, the dividend yield is 3.4% compared to the average Dow component yield of 2.6%.

The average volume for Pfizer has been 27.2 million shares per day over the past 30 days. Pfizer has a market cap of $192.57 billion and is part of the health care sector and drugs industry. Shares are down 1.7% year-to-date as of Monday's close.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. It offers medicines and vaccines, and various consumer healthcare products. The company has a P/E ratio of 18.4, above the average drugs industry P/E ratio of 9.6.
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