Pfizer (NYSE: PFE ) is one of the globe's biggest drugmakers, and its stock is a staple in dividend portfolios.
However, patent expiration of key drugs has shaved billions off its top line, putting pressure on Pfizer to use its substantial cash position to bolster its research pipeline. As a result, dividend investors are right to question whether sliding sales threaten its dividend payout.
In the following slideshow, you'll learn more about Pfizer's patent headwind and how Pfizer compares to industry peers like AstraZeneca (NYSE: AZN ) and Merck (NYSE: MRK ) when it comes to dividend payouts.
Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now.