5 Pharmaceutical Titans Offering Substantial Dividends

Drug manufacturing is one of the most consistent industries as there’s always been a need for new ideas to develop drugs as well as producing the current ones. Most of the renowned manufacturers offer serious profits to investors. Here is a list of five pharmaucatical titans paying substantial dividends and priced with low P/E ratios. All of the companies pay a minimum 3% dividend yield and have have very large market caps (data derived from Finviz/Morningstar, and is current as of July 7 close): Johnson & Johnson (JNJ): JNJ just won approval for a new type of blood tinner. The healthcare titan has a market cap of $186 billion, and a P/E of 15.26. Forward P/E is 12.77, while earnings increased by 8.72% this year. Net profit margin was 19.77%, and the New Jersey-based company paid a 3.39% yield last year. Although debts slightly outrun assets, it is still far... Read more