5 Best Healthcare Dividend Stocks To Buy Now

Below we presented the list of 5 best healthcare dividend stocks. For a detailed discussion and a more comprehensive list see the 10 Best Healthcare Stocks To Buy Now.

5. Merck & Co., Inc. (NYSE: MRK) 

Merck & Co., Inc. (NYSE: MRK) is one of the largest pharmaceutical companies in the world, with a market cap of over $200 billion. The New York-based company has a dividend yield of 3.28%. In November, the company declared a quarterly dividend of $0.65 per share, a 6.6% increase from prior dividend of $0.61.

Merck and Eisai (OTCPK:ESALF) recently announced positive results from a study evaluating Merck’s Keytruda and Eisai’s Lenvima in patients with advanced endometrial cancer.

According to Insider Monkey’s analysis of 816 hedge funds, Warren Buffett’s Berkshire Hathaway is one of the 80 hedge funds that are bullish on Merck, as of the end of the third quarter. The Oracle of Omaha’s firm owns 22.40 million shares of the company, worth $1.86 billion.

In its Q1 2020 Investor Letter, Saturna Capital Corporation, the investment management company of Sextant Mutual Funds, said the following about Merck.

“Bristol-Myers and Merck benefited from low valuations, strong balance sheets, and attractive dividends going into the crisis, minimizing the negative fallout.”