Pfizer surges 10% on special dividend of Rs 320 per share

The company has fixed May 8, 2020 as the record date for ascertaining eligible shareholders who would get the dividend of Rs 320 per share.

Shares of Pfizer zoomed 10 per cent to Rs 4,842 on the BSE in the intra-day trade on Monday after its board declared a special dividend of Rs 320 per equity share of Rs 10 each i.e. 3200 per cent for the financial year ended March 31, 2020.

The company has fixed May 8, 2020 as the record date for ascertaining eligible shareholders to get the said special dividend and will be given electronically through bank transfer on Tuesday, May 19, 2020, it added.

"The said special dividend will be paid to the eligible shareholders electronically through bank transfer