The best dividend paying stocks from the major drug manufacturing industry originally published at "long-term-investments.blogspot.com". The healthcare sector is another great investment field for me. I mainly like it because of the ongoing aging population. The older people are, the more healthcare they need. The big problem is that most of the people don't have saved enough money to finance all their health services and products - The government must care for it and makes it via health care plans, insurance, hospitals, education and so on. This means also a state related dependence for the investor.
One of the best yielding industries within the healthcare sector is the major drug manufacturing industry. The average yield amounts to 3.85 percent and the P/E's on a level of 18.0. The industry has exactly 10 dividend stocks and is still the biggest investment field followed by a ten times smaller Biotechnology industry. I believe that the biotech's will perform better and catch up to the leading industry unless the old drug companies will not overtake them. The reason is simple. They are more innovative.
However, below is a small list of the best dividend paying major drug manufacturing stocks. From 10 stocks have 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 is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 18.66 and forward P/E ratio is 13.35. The dividend yield has a value of 4.27 percent. Price to book ratio is 4.21 and price to sales ratio 2.84. The operating margin amounts to 20.82 percent and the beta ratio is 0.65. Stocks from the list have an average debt to equity ratio of 2.56.
Related stock ticker symbols:
AZN, GSK, ABBV, MRK, BMY, NVS, SNY, LLY, PFE, JNJ, ETE