Here's How Many Shares of Pfizer You Must Own to Get $5,000 in Yearly Dividends
Key takeaways
- You may have come across pharmaceutical outfit Pfizer (NYSE: PFE) in your search.
- So how many shares of this drugmaker would you need in order to collect, say, $5,000 worth of annual dividend income?
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
PFE NVDA Looking for stocks that pay dividends? You may have come across pharmaceutical outfit Pfizer (NYSE: PFE) in your search. After all, its forward-looking dividend yield of 7.1% is one of the highest among blue chip stocks right now.
So how many shares of this drugmaker would you need in order to collect, say, $5,000 worth of annual dividend income? If you annualize its quarterly per-share payment of $0.43, 2,907 shares would do the trick. That's about $69,940 worth of this stock, assuming you're getting in at today's price.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »