5 Defensive Healthcare Dividend Stocks To Invest In

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In this article, we discuss 5 defensive healthcare dividend stocks to invest in. If you want to read our detailed analysis of the healthcare sector and dividend stocks, go directly to read 12 Defensive Healthcare Dividend Stocks To Invest In

5. AbbVie Inc. (NYSE:ABBV)

Number of Hedge Fund Holders: 74

AbbVie Inc. (NYSE:ABBV) is an Illinois-based pharmaceutical company that primarily focuses on research, development, and commercialization of pharmaceuticals. On September 8, the company declared a quarterly dividend of $1.48 per share, which was in line with its previous dividend. The stock has a dividend yield of 4.05%, as of October 22. The company has been raising its dividends consistently for the past 50 years, which makes it one of the best dividend stocks in the healthcare sector.

At the end of Q2 2023, 74 hedge funds tracked by Insider Monkey reported having stakes in AbbVie Inc. (NYSE:ABBV), compared with 75 in the previous quarter. The consolidated value of these stakes is over $2.3 billion.

Follow Abbvie Inc. (NYSE:ABBV)

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