All as it continues to gap higher on strong earnings and a dividend. Not only did the company just declare a 59-cent dividend (payable on January 20 to shareholders of record as of January 6), it also just earned a profit of $1.28, up 44% year over year, and 35 cents better than expected. Sales of $10.65 billion, up 4.6% year over year, beat estimates by $50 million.
Pfizer (NYSE:PFE) shares are finally starting to attract attention after gaining close to 7% in a single trading session on news that it's reached a pricing deal with the Trump administration. Indeed, this is the biggest up day for shares of PFE in recent memory. And while investors are upbeat on the pricing plan, I do think that income investors should focus on the longer-term opportunity at hand.
The truck that arrived ahead of schedule at Allyssa Canoy's home in Fairbanks brought enough heating fuel for the frigid winter months ahead - and a surprise bill for $2,600. Canoy and her two sons have checks arriving that will cover that expense and leave some money for the boys, too. Starting Thursday, Alaska plans to begin distributing to residents their annual dividend derived from the state's $83 billion oil wealth fund, a sort of bonus that Alaskans get for living in the state.