How Much Would It Take To Earn $100 A Month From Pfizer Stock?

by skolnes


How Much Would It Take To Earn $100 A Month From Pfizer Stock?
How Much Would It Take To Earn $100 A Month From Pfizer Stock?

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Pfizer (NYSE:PFE) discovers, develops, manufactures, markets, distributes and sells biopharmaceutical products in the United States, Europe and internationally.

It will report its Q4 2024 earnings on Jan. 28, 2025. Wall Street analysts expect the company to post an EPS of $0.68, up from $0.10 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $18.09 billion, up from $14.25 billion a year ago.

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The 52-week range of Pfizer’s stock price was $24.48 to $31.54.

Pfizer’s dividend yield is 6.52%. During the last 12 months, it paid $1.68 per share in dividends.

On Oct. 29, the company announced its Q3 2024 earnings, posting adjusted EPS of $1.06, a turnaround from a loss of 17 cents a year ago. This beat the consensus of $0.62, as reported by Benzinga.

The U.S. drugmaker reported sales of $17.70 billion, up 31% year-over-year (up 32% operationally), beating the consensus of $14.95 billion. The increase was primarily led by growth contributions from Paxlovid, several acquired products, key in-line products and recent commercial launches.

Pfizer updated its 2024 revenue forecast to $61-$64 billion compared to prior guidance of $59.5-$62.5 billion and a consensus of $61.16 billion.

Check out this article by Benzinga, which analyzes Pfizer’s recent short interest.

See Also: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence. 

If you want to make $100 per month –$1,200 annually – from Pfizer dividends, your investment value needs to be approximately $18,405, which equals 711 shares at $25.88 each.

Understanding dividend yield calculations: When making an estimate, you need two key variables – the desired annual income ($1,200) and the dividend yield (6.52%). So, $1,200 / 0.0652 = $18,405 to generate an income of $100 per month.

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