The healthcare sector doesn’t offer the most attractive dividends, but it does allow you to invest in essential products and services. Health insurers with a vast network of customer and patient relationships fit that bill. Our latest addition to the Best Healthcare Dividend Stocks List is a major insurance player that has delivered strong dividend CAGR growth in recent years driven by a solid underlying business model. Our pick recently declared a 10% increase in its quarterly dividend rate to $1.23 per share, which can be grabbed by investors before its next ex-dividend date on Tuesday, March 7.
A combination of solid quarterly and full-year results, positive earnings guidance and a growing focus on shareholder value make our pick an attractive option for income investors.
You can check out the Best Healthcare Dividend Stocks List to explore all the stocks.
We removed a struggling biotechnology play from our portfolio to make room for our managed healthcare pick.
