Top Dividend Stocks in Big Pharma

When looking for the best dividend stocks, it's usually best to not chase the highest dividend. Looking for quality dividend stocks with decent yields is usually a better recipe for large overall returns. Capital appreciation combined with a dividend can produce outsized returns. Here are my top two picks for big pharma dividend stocks"

An oldie, but goodie. Technically, Johnson & Johnson isn't a pure pharma since it also sells medical devices and consumer health products, but it's that diversity that makes it such a stable dividend stock. AbbVie is the only pure pharma in the Dividend Aristocrats club, which requires 25 consecutive years of dividend increases. The six-month-old company is in the index because it spun out of Abbott Labs , which was in the index before the split. Bristol-Myers Squibb doesn't have a long history of increasing its dividend, but it has been slowly raising its dividend over the last five years. The current dividend yield of 3.1% is pretty solid.

Source: Daily Finance

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