Apr 4, 2016

Stock Purchase - Pfizer (40 shares, $48 div income)

Pfizer Inc. (NYSE: PFE) is a global biopharmaceutical company engaged in discovering, developing and manufacturing of healthcare products. Some well known products/brands from Pfizer include Atorvastatin (trade name Lipitor), Advil (ibuprofen) for pain and fever, Centrum (a multi-vitamin), ChapStick (a lip balm), Dimetapp for the common coldPreparation H (a hemorrhoid cream), Robitussin (coughs and colds) and many others.

Illnesses and diseases are part of human lives worldwide and Pfizer has been in the business of treating and providing healthcare solutions for many decades. With dividend yield approaching 4%, I decided to add this income stock to my portfolio.

This purchase will add $48/yr to the dividend income portfolio

Basic info:
Market CAP: 186B   EPS: $1.11  Dividend: $1.20 (3.99%)


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