2 Healthcare Dividend Stocks to Buy and Hold
Between labor-market data and potential interest-rate cuts, Wall Street has a lot on its plate right now. In an environment like this one, it can be helpful to invest in solid, dividend-paying stocks -- and due to its non-cyclical nature, the healthcare sector is a good place to find some.
Many medical products, including pharmaceutical drugs, perform relatively well even in tough economic times. That allows drugmakers to deliver consistent revenue, earnings, and cash flow to support their dividend programs over long periods.
With that as a backdrop, let's consider two excellent healthcare dividend stocks worth holding on to for a while: (NASDAQ: AMGN) and Merck (NYSE: MRK).
Source Fool.com
Amgen Inc. Stock
€308.60
0.490%
The stock is one of the favorites of our community with 34 Buy predictions and 3 Sell predictions.
On the other hand, the target price of 305 € is below the current price of 308.6 € for Amgen Inc., so the potential is actually -1.17%.
