2 Pharmaceutical Dividends to Buy and 1 to Avoid
The secret to spotting true values in this sector lies in finding companies that have diversified drug portfolios and a history of dividend increases. Although seeking out pharmaceutical companies that meet these criteria doesn't guarantee success, the handsome dividends that these companies provide should give you above average returns. Here are two pharmaceutical dividends you can trust and one you might be better off avoiding.
Johnson & Johnson (NYSE: JNJ) : Trust itAlthough Johnson & Johnson is more of a medical conglomerate -- manufacturing medical devices and diagnostic services as well drugs -- it would be truly foolish to not include arguably the strongest dividend in existence. The last time Johnson & Johnson's quarterly dividend fell was 1976, and in the 35 years since then, the company's dividend has grown by a mouth-watering 10,265%!... Read more