On December 10, 2021 Pfizer Inc. (NYSE: PFE) reported that its board of directors declared an increase in the quarterly cash dividend on the company’s common stock to $0.40 for the first-quarter 2022 dividend, payable March 4, 2022, to holders of the Common Stock of record at the close of business on January 28, 2022 (Press release, Pfizer, DEC 10, 2021, View Source [SID1234596762]). The first-quarter 2022 cash dividend will be the 333rd consecutive quarterly dividend paid by Pfizer.

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"The increase in dividend is a direct reflection of our strong financial performance and continued confidence in our current product portfolio and R&D pipeline," said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer.