Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Companies Begin To Take Advantage Of The HORRIBLE Republican Tax Plan
Posted
January 9, 2018
Views
4,536
Likes
187
Comments
15
Engagement
4.45%
January 9, 2018
4,536
187
15
4.45%
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3:15Now PlayingIn this Majority Report clip, we discuss how companies are beginning to take advantage of the horrible GOP tax plan.
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---The board of directors of Pfizer, Inc. PFE announced a 6% hike in the pharma giant's quarterly dividend for 2018 while also authorizing a new $10 billion share repurchase program.
The quarterly dividend was raised from 32 cents to 34 cents, which adds up to an annual dividend of $1.36 per share. This amounts to an annual dividend yield of 3.7%. The increased dividend for the first quarter of 2018 will be payable on Mar 1, 2018, to shareholders of record at the close of business on Feb 2, 2018.
Shares of Pfizer have risen 14.3% this year so far, comparing unfavorably with a 17.1% increase for the industry.---
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