Thursday, February 7, 2013
The Market's Highest-Yielding Pharma Stocks: PDLI, PMD, GSK,PETS, ABBV
Big pharmaceutical stocks have fallen out of favor, especially among investors seeking high-growth investments. Not only are these firms releasing fewer new blockbuster drugs, but the sector as a whole is seeing the headwinds from efforts to limit health care spending worldwide.
Still, the pharma sector has some phenomenal investment opportunities for dividend investors. Many of the industry giants -- Johnson & Johnson (NYSE: JNJ), Bristol Myers Squibb (NYSE: BMY) and Merck (NYSE: MRK), for example -- are paying 3-4% dividend yields, with some offering yields as high as 9%.
Of course, yield alone doesn't make a good investment. It's also important to consider the company's financial strength, and history of earnings and dividend growth.
Here is a look at the five top-yielding pharmaceutical companies and my top picks for investors seeking reliable dividend income. (more)
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