Pfizer's 40 Year Run Of Hiking Dividend Ends

Late yesterday Eli Lilly [LLY 37.12 -0.09 (-0.24%)] increased its dividend. Pfizer [PFE 17.39 0.03 (+0.17%)] also announced that for the 281st straight quarter that it was paying a dividend. But, as Miller Tabak healthcare analyst Les Funtleyder points out in a research note to clients this morning this is the first time in 40 years that PFE isn't hiking the payout. PFE's dividend yield is...