Best Dividend Paying Drug Stocks

One of the best yielding industries within the healthcare sector is the major drug manufacturing industry. The average yield amounts to 3.85% and the P/Es on a level of 18.0. The industry has exactly ten dividend stocks and is still the biggest investment field followed by a ten times smaller biotechnology industry. I believe that the biotechs will perform better and catch up to the leading industry if the old drug companies do not overtake them. The reason is simple: Biotechs are more innovative.

However, below are a few of the best dividend paying major drug manufacturing stocks. Out of ten stocks on the list, there are seven with a buy or even better rating. Despite the great predictions of decreasing sales and earnings due to patent losses, growth is still forecasted for the most of the drug dividend stocks. Here are my favorite stocks: GlaxoSmithKline (GSK), Sanofi (SNY) and Bristol Myers Squibb (BMY).

Source: Guru Focus

Related Articles:
- 12 Dividend Stocks For A Powerful Income Stream
- 7 Dividend Stocks Sporting A Five-Star Rating
- 10 Dividend Stocks Ignoring The 4% Rule
- Dividend Stock Bubble: Is It Even Possible?
- 8 Dividend Stocks To Consider While Waiting on Apple to Pay Its First Dividend