PFIZER DECLARES FIRST-QUARTER 2022 DIVIDEND Friday, December 10, 2021 - 12:00pm Board of Directors approves increase in quarterly cash dividend to $0.40 per share NEW YORK--(BUSINESS WIRE)-- Pfizer Inc. (NYSE: PFE) today announced that its board of directors declared an increase in the quarterly cash dividend on the company’s common stock to $0.40 for the first-quarter 2022 dividend, payable March 4, 2022, to holders of the Common Stock of record at the close of business on January 28, 2022. The first-quarter 2022 cash dividend will be the 333rd consecutive quarterly dividend paid by Pfizer.

Assume that Pfizer has 5,632,000 shares outstanding in 2021. What is the amount in dollars that Pfizer will debit to the Retained Earnings account?