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Pfizer Sets 2026 Targets and Marks 350th Straight Dividend

The update tests whether a rich yield can offset doubts about post‑COVID growth.

Overview

  • Pfizer declared a $0.43 quarterly dividend, its 350th straight payment, with the stock now yielding about 6.4% by recent quotes.
  • Management guided for 2026 revenue of $59.5 billion to $62.5 billion and adjusted earnings of $2.80 to $3.00 per share.
  • The company said sales from COVID products should decline this year while non‑COVID medicines hold steady.
  • Shares have dropped more than 30% over five years as investors question how fast growth can recover.
  • CEO Albert Bourla is leaning on acquisitions and in‑house R&D to add about $25 billion in annual sales by decade‑end, pointing to a pipeline with more than 100 drug candidates.