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Better Dividend Stock to Buy and Hold: Pfizer or Bristol Myers Squibb?

One of these pharma stocks offers more income, but the other offers a safer dividend.

  • Pfizer offers 5.8% forward dividend yield, higher than Bristol Myers Squibb's 4.3%
  • Bristol Myers Squibb has 17-year streak of dividend increases, 94 years total
  • Pfizer's higher yield and cash flow meet obligations despite payout ratio >100%

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