5 Best Healthcare Dividend Stocks To Buy Now

3. Johnson & Johnson (NYSE: JNJ)

New Jersey-based Johnson & Johnson is one of the best healthcare dividend stocks, with a variety of healthcare products and 2.65% dividend yield. Despite several PR problems and heavy fines amid one of the company’s products link with cancer, Johnson & Johnson increased its quarterly dividend by 6.3%, from $0.95 per share to $1.01 per share.

Johnson & Johnson recently completed enrollment of participants for the first late-stage trial of its COVID-19 single-dose vaccine candidate. The trial has 45,000 individuals enrolled and data from the process is expected by the end of January.  If the study shows the vaccine is effective and safe, the company plans to submit an emergency use authorization application to the U.S. Food and Drug Administration in February.

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