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Pfizer to pay Q3 dividend in September

Posted on 26/06/2009 in Pharmaceutical Company Financials

Pfizer is due to pay shareholders a third-quarter (Q3) dividend on September 2nd.

The board of directors declared there will be a bonus of 16 cents (nine pence) handed out for every unit.

It marks the 283rd consecutive quarterly dividend paid by the company.

Those who are on record holding shares at the close of business on August 7th will be eligible to receive the bonus.

In April, Pfizer released its first quarter 2009 fiscal figures showing a decrease in revenues of eight per cent compared to the same period the previous year.

Chief financial officer Frank D'Amelio said the company remains committed to delivering its 2009 goals, adding this is a top priority for the firm.

He revealed the company was reaffirming its full-year guidance for revenues and adjusted results, while reported diluted earnings per share objectives would be adjusted to include costs associated with the Wyeth acquisition.

Founded in 1849, Pfizer currently has approximately 81,900 employees working for the company in more than 150 countries.

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