Quality Healthcare Stocks with Strong Dividends Can Provide Stability But Timing Matters
-
Industries with endless demand like healthcare are great places to find dividend stocks. Companies that continually innovate are the best long-term investments.
-
AbbVie is a pharmaceutical company with strong dividend history, but losing patent protection on top drug Humira will stunt earnings growth. Worth watching for good entry point.
-
Medical equipment maker Stryker has raised its dividend for 30 straight years. High valuation makes it expensive, but quality company.
-
Cardinal Health distributes medical supplies and has paid dividends for 28 years. Attractive valuation and expected earnings growth make it appealing.
-
Look for quality healthcare companies with strong dividend track records during market sell-offs when valuations become more reasonable.