Health care companies often prove to be recession resilient, as their medicines and medical devices usually remain in high demand even if the economic environment weakens. Consumers need these products to maintain or improve their quality of life, regardless of state of the economy. At the same time, the world’s population continues to age, which should provide an opportunity for growth and solid dividends among the different types of companies within the health care sector.
The health care sector is usually one of the more recession resistant sectors of the economy as consumers will seek out medical care even in adverse economic conditions. All three stocks have built up long histories of dividend increases and should be able to continue increasing their dividends each year: Becton, Dickinson & Co. (NYSE:BDX), Bristol-Myers Squibb (NYSE:BMY) and Medtronic PLC (NYSE:MDT).
Source: InvestorPlace
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Real value comes from holding on to your stocks for years -- decades is best -- and watching as their businesses grow and appreciate. It'...
-
In this article we discuss the 5 Best Dividend Stocks to Buy According to Billionaire Ken Fisher. 5.) British American Tobacco p.l.c. (NYSE:...
-
Investing for retirement requires a different approach from merely betting on growth or value stocks. The strategy for fixed-income is to bu...
-
On Monday, AT&T (NYSE:T) confirmed that it will spin off its WarnerMedia entertainment unit and merge it with Discovery. While this will...
-
High dividend stocks included on our list had a number of criteria to meet — all stocks satisfied a minimum dividend yield requirement, have...
-
Earlier generations have favored dividend investing because generally higher yields were on offer then. Today, though, some investors have b...
-
One of our favorite areas to find blue-chip dividend stocks is in the utility sector. Companies in this space provide electricity, gas and w...
-
It’s safe to say that one of the biggest concerns that economists and investors have on their minds at this time is inflation. Regardless of...
-
Business Development Companies, known as BDCs, offer the retail investor exposure to privately-held firms, which often are funded by venture...
-
One factor that can make a big difference is competitive advantage and leadership in a given industry. In general, larger companies with glo...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.