With the S&P 500 entering a bear market early this week, and with the mass retreat from government bonds, investors have few options to escape market volatility. In the current environment, dividend stocks with a stable business outlook present rare opportunities for income investors to ride out the storm. Outside of health care and other defensive sectors, few companies meet these criteria. And thanks to its broad operating segments, favorable business outlook and consistent track record of dividend growth, our Best Health Care Dividend Stocks List pick has captured the attention of income investors.
While our pick’s share price has not been immune to market volatility, it has succeeded in limiting downside risk so far in 2022. Our pick offers investors 30+ consecutive years of dividend growth, a positive earnings outlook over the next three to five years, and key growth drivers in the retail pharmaceutical sector.
Its dividend, paid quarterly, is much higher than the health care sector average. Watch out for the stock when it goes ex-dividend on Thursday, June 30.
You can check out the Best Health Care Dividend Stocks List to explore all the stocks.