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Dividend Outlook for Pfizer and AbbVie Amid Rising Interest Rates

The Motley Fool +1 ·

ABBV Abbvie Inc
$285.19 +0.14%
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  1. 1The US Federal Reserve raised the federal funds rate by 25 basis points last month.
  2. 2Pfizer's current dividend yield of 5.7% is at a high level.
  3. 3AbbVie's dividend yield recorded 2.4%.

So what's the key point?

The US central bank raised interest rates. Pfizer's dividend yield is high at 5.7%, which is significant for investors.

Source The Motley Fool +1 · View original ↗

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