Top 5 Healthcare Companies Paying Excellent Dividends
The healthcare sector has always been one of the most promising sectors, as new healthcare services are in high demand. Many investors prefer investing in the healthcare sector due to high profitability in the business. In recent years, this sector has had higher returns than any other sector that are followed by S&P. Therefore, w
e decided to screen for the top five healthcare companies with substantial dividends and a maximum P/E ratio of 20. All of the following companies offered a minimum 3% dividend yield and have a minimum market capitalization of $300 million. Data is derived from
finviz
.
While there are hundreds of healthcare firms listed in NYSE, only the following healthcare utilities fit into this criteria:
Abbott Laboratories (ABT): Engaging in discovering, developing, manufacturing and selling healthcare products over the world, Abbott Laboratories was founded in 1888. The market capital of ABT is $76.40 billion, and P/E ratio... Read more