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Pfizer's About to Cut Its Dividend: What You Need to Know


Pfizer (NYSE: PFE) hasn't delivered impressive stock gains in recent years. However, investors have at least been able to count on solid and steadily increasing dividends from the big drugmaker. For most of the last 18 months, Pfizer's dividend yield has easily topped 4%.

But the story is about to change: Pfizer intends to cut its dividend in the near future. Here's what you need to know.

Image source: Getty Images.

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Source Fool.com

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