How To Earn $500 A Month From Pfizer Stock After A Surprise Profit-Turning Quarter
Portfolio Pulse from Avi Kapoor
Pfizer Inc. (NYSE:PFE) shares rose after the European Commission approved PREVNAR 20 and the company reported a surprise Q4 profit with adjusted EPS of 10 cents versus an expected loss. Despite a 41% sales decline to $14.25 billion, Pfizer's dividend yield of 5.95% offers investors a way to earn regular income, with calculations provided for earning $500 or $100 monthly through dividends.
March 14, 2024 | 12:27 pm
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Pfizer Inc. reported a surprise Q4 profit and received European Commission approval for PREVNAR 20, alongside offering a significant dividend yield of 5.95%.
The surprise profit in Q4, approval of PREVNAR 20 by the European Commission, and the attractive dividend yield position Pfizer positively in the short term. These factors are likely to generate investor interest and could lead to a positive impact on the stock price.
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