(BUSINESS WIRE)--The board of directors of Pfizer Inc today declared a 32-cent second–quarter, 2008, dividend on the company’s common stock, payable June 3, 2008, to shareholders of record at the close of business on May 9, 2008.

The second-quarter 2008 cash dividend will be the 278^th consecutive quarterly dividend paid by Pfizer, and 2008 marks the 41^st consecutive year of annual dividend increases for Pfizer shareholders.