How To Put $100 In Your Retirement Fund Each Month With Pfizer Stock

Pfizer PFE discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the U.S. and internationally.

It will report its Q1 2025 earnings on April 29. Wall Street analysts expect the company to post EPS of $0.70, down from $0.82 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $14.27 billion, down from $14.88 billion a year earlier.

The 52-week range of Pfizer stock price was $20.92 to $31.54.

Pfizer's dividend yield is 7.66%. It paid $1.72 per share in dividends during the last 12 months.

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The Latest On Pfizer

On Feb. 4, the company announced its Q4 2024 earnings, posting adjusted EPS of $0.63, beating the consensus estimate of $0.47, as reported by Benzinga.

The U.S. drugmaker reported sales of $17.76 billion, up 22% year-over-year, and above the consensus of $17.40 billion.

Pfizer reaffirmed its full-year 2025 revenue guidance of $61 billion to $64 billion, compared to the consensus estimate of $63.025 billion. The company anticipates adjusted EPS in the range of $2.80 to $3.00, compared to the consensus of $2.94.

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How Can You Earn $100 Per Month As A Pfizer Investor?

If you want to make $100 per month — $1,200 annually — from Pfizer dividends, your investment value needs to be approximately $15,666, which is around 698 shares at $22.44 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (7.66% in this case). So, $1,200 / 0.0766 = $15,666 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Pfizer stock an attractive option for making a steady income of $100 per month by owning 698 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Pfizer has raised its dividend consecutively for the last 14 years. 

Check out this article by Benzinga for three more stocks offering high dividend yields. 

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