Reported 10 months ago
To generate dividend income, investing in high-yielding stocks like Pfizer (NYSE: PFE) can be beneficial. With a quarterly dividend payout of $0.42 and a yield of around 5.83%, investing approximately $17,200 in Pfizer can help you collect $1,000 in dividends. Despite Pfizer's recent revenue challenges due to the pandemic, its growth initiatives and pipeline development indicate potential for long-term gains, making it an attractive investment option for both dividends and future growth potential.
Source: YAHOO