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2 Healthcare Dividend Stocks to Hold for the Long Haul

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Investors looking for stocks to hold on to for a while might want to consider dividend-paying companies. Maintaining a growing dividend program through good times and bad requires a rock-solid business.
The article from Yahoo Finance discusses two healthcare dividend stocks recommended for long-term investment due to their stability and growth potential. Becton, Dickinson and Company (BDX) is highlighted for its essential medical technology products, which are crucial in various healthcare settings, ensuring steady demand. BDX has a history of increasing dividends, with a current yield of 1.3%, and has shown consistent revenue growth, particularly in its medical segment. Medtronic (MDT) is also featured, known for its medical devices and therapies. Despite facing some challenges, Medtronic has a robust portfolio and a strong commitment to dividend growth, currently offering a yield of 3.3%. The company's focus on innovation and its diversified product offerings make it a reliable choice for investors looking for income and growth in the healthcare sector. Both companies are seen as safe havens due to the non-cyclical nature of healthcare, providing a buffer against economic downturns.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/2-healthcare-dividend-stocks-hold-141700880.html ]