1 Reason Every Investor Should Know About Pfizer (PFE) Stock
How does $700 in annual income sound for every $10,000 in shares owned?If you're a long-term investor, why should you be paying closer attention to pharmaceutical giant Pfizer (PFE -3.82%)? Because of its dividend, of course! Pfizer's dividend yield is hovering around a mouth-watering 7%!Let's put that yield in perspective. The S&P 500 index, which represents America's biggest companies, has an average dividend yield of around 1.2%. A $1,000 investment in the S&P 500 would yield $12 annually. With a 7% yiel ...