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Pfizer Declares First-Quarter 2017 Dividend

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Monday, December 12th 2016 at 4:53pm UTC

Board of Directors approves increase in quarterly cash dividend to
$0.32 per share

NEW YORK–(BUSINESS WIRE)– The board of directors of Pfizer Inc. today declared a 32-cent
first-quarter 2017 dividend on the company’s common stock, payable March
1, 2017, to shareholders of record at the close of business on February
3, 2017. Pfizer increased the dividend by approximately 7 percent, to 32
cents from 30 cents per share.

The first-quarter 2017 cash dividend will be the 313th
consecutive quarterly dividend paid by Pfizer.

“The dividend increase demonstrates our continued commitment to deliver
value to our shareholders and our confidence in the business,” stated
Ian Read, Pfizer chairman and chief executive officer. “We remain
focused on maximizing total shareholder return, and the dividend is a
key component.”

About Pfizer Inc.

At Pfizer, we apply science and our global resources to bring therapies
to people that extend and significantly improve their lives. We strive
to set the standard for quality, safety and value in the discovery,
development and manufacture of health care products. Our global
portfolio includes medicines and vaccines as well as many of the world’s
best-known consumer health care products. Every day, Pfizer colleagues
work across developed and emerging markets to advance wellness,
prevention, treatments and cures that challenge the most feared diseases
of our time. Consistent with our responsibility as one of the world’s
premier innovative biopharmaceutical companies, we collaborate with
health care providers, governments and local communities to support and
expand access to reliable, affordable health care around the world. For
more than 150 years, Pfizer has worked to make a difference for all who
rely on us. For more information, please visit us at www.pfizer.com.
In addition, to learn more, follow us on Twitter at @Pfizer and
@Pfizer_News, LinkedIn, YouTube and like us on Facebook at
Facebook.com/Pfizer.

Contacts

Pfizer Inc.
Media:
Joan Campion, 212-733-2798
or
Investors:
Ryan
Crowe, 212-733-8160

Source: Pfizer Inc.

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