5 Best Healthcare Dividend Stocks To Buy Now

4. Pfizer Inc. (NYSE: PFE)

Pfizer is in the spotlight after a vaccine made by the company in collaboration with Germany’s BioNTech proved to be 95% effective preventing laboratory-confirmed COVID-19 illness, based on clinical trials data.  The vaccine is now approved in North America and Europe and Pfizer is eyeing to make at least 50 million doses by the end of this year.

On Dec. 11, Pfizer declared a first-quarter 2021 dividend of $0.39 per share, up 3% from the dividend of $0.38 per share for the fourth quarter of 2020. The first-quarter 2021 cash dividend is 329th consecutive quarterly dividend paid by Pfizer.

Out of the 816 hedge funds tracked by Insider Monkey,  66 had positions in Pfizer, as of the end of the third quarter, with a total worth of these investments totaling $2.12 billion. Among these hedge funds is Warren Buffett’s Berkshire Hathaway, which holds $136.22 million Pfizer shares as of the end of September.