Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

There’s no secret that healthcare demand continues to skyrocket.

A growing and aging population continues to drive innovation and overall demand for new drugs, devices and therapies. And despite all the hubbub about rising drug pricing, insurance and taxes, the overall trajectory for healthcare seems well intact. And that trajectory continues to benefit our Best Dividend Stocks pick in the sector.

As one of the largest pharmaceutical firms on the planet, our healthcare pick has been designing new drugs and therapies for decades. This includes several cash-minting blockbuster drugs throughout its history. And the prognosis for our firm remains very good.

The firm continues to win the war against diabetes and various cancers as a new focus on biotech applications has become its mantra. Rising sales at these two divisions have continued to boost the firm’s blockbuster cash flows and help power its dividend in recent quarters. But our pick isn’t done yet. In addition to winning the new drug war, our pick is planning on IPOing one of its divisions to unlock shareholder value, build a larger biotech war chest and have more money down the road to pay dividends/fund buybacks.

All in all, our drug manufacturer pick is as healthy as they come and investors should write a prescription for the stock in their portfolios.

To summarize, here are five reasons why you should own this stock:

  1. One of the world’s largest pharmas with clinical operations conducted in more than 55 countries and its drugs sold in more than 120
  2. One of the leading diabetes specialists with a robust oncology program and numerous biotech drugs in its pipeline
  3. Recorded a 9% jump in revenues and nearly 35% in year-over-year profits during the recent quarter
  4. Increased its dividend by nearly 9% at the start of the year and unveiled a new robust buyback program
  5. Healthy payout ratio of 41% and increasing yield of 2.13%

Check out our original pick here.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Automatic Data Processing Inc. Increases Dividend by 14.49%

Each day, companies and funds across the globe announce upcoming dividend payouts. In our ...

News

Merck & Company, Inc. Leads 235 Securities Going Ex-Dividend This Week

There are 235 securities going ex-dividend this week starting Monday, December 10th. For income...

Premium Graphs%20and%20charts
News

The Market Wrap for December 7: A New Month, Old Problems

What the market gives, it can take away. That’s been the common theme over the last few weeks as...