Why Are These 10 Dividend Stocks Declining?

1. Pfizer Inc. (NYSE:PFE)

Annual dividend yield: 6.62%

Ex-Dividend Date: January 24, 2025

Number of Hedge Funds: 82

Quarterly dividend amount:  $0.43

The pharmaceutical giant and blue-chip favorite for dividend-focused investors, Pfizer Inc. (NYSE:PFE) fell by 3.5% in a week despite a growth in the sales including Comirnaty, owing to the threat to vaccines from the new political environment in 2025.

Robert F. Kennedy Jr. has been a vocal opponent of the COVID vaccines, particularly from Pfizer Inc. (NYSE:PFE). The Covid vaccines and pills earned Pfizer its peak sales during the pandemic and were termed the “deadliest vaccine ever made” by Kennedy. Pfizer Inc. (NYSE:PFE)’s CEO, Albert Bourla, claims that the entry of Kennedy as the secretary of state might bring down his hostile view against vaccines—meanwhile, the company reaffirmed their investors with projected revenues between $61 billion and $64 billion for FY25.

Regardless, with 82 hedge funds as of 2024 Q3, Pfizer Inc. (NYSE:PFE) is expected to make a turnaround with one of its most expensive acquisitions, Seagen. Jim Cramer, the host of Mad Money, made the following comment about the company:

“We still haven’t seen the breakout anti-cancer drugs that would justify the deal’s $43 billion price tag. Now, maybe we’ll hear something good this quarter. If so, the stock could soar, minimal downside at these low levels…”

Pfizer Inc. (NYSE:PFE) continues to stand as a leader in the pharmaceutical industry. It may change depending on its use of R&D and acquisitions in managing a comparatively unfavorable political environment. It has declared a quarterly cash dividend of $0.43 per share, payable to shareholders on March 7, 2025.

Overall Pfizer Inc. (NYSE:PFE) ranks first on our list of the dividend stocks that are falling today. While we acknowledge the potential for PFE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PFE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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