Pfizer Dividend Yield Pushes Past 6%

In trading on Wednesday, shares of Pfizer were yielding above the 6% mark based on its quarterly dividend (annualized to $1.68), with the stock changing hands as low as$27.93 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY back on 12/31/1999 — you would have paid $146.88 per share. Fast forw ...