How To Earn $500 A Month From Pfizer Stock Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
Pfizer Inc. (NYSE:PFE) is set to release its Q2 earnings, with analysts expecting a drop in EPS from 67 cents to 46 cents, but a slight increase in revenue to $13.02 billion. The European Commission has approved Pfizer's gene therapy DURVEQTIX for hemophilia B. Pfizer's dividend yield stands at 5.46%, translating to a quarterly dividend of 42 cents per share. Investors would need approximately $109,880 worth of Pfizer shares to earn $500 monthly from dividends.
July 29, 2024 | 12:25 pm
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Pfizer is expected to report a decrease in EPS for Q2, but a slight increase in revenue. The approval of DURVEQTIX by the European Commission is a positive development. Pfizer's dividend yield is currently 5.46%, and the stock gained 3.4% recently.
The expected decrease in EPS might be a concern, but the slight increase in revenue and the approval of DURVEQTIX are positive factors. The high dividend yield and recent stock price increase suggest investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100