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Healthcare shares with a stable historical past of dividend development are enticing to buyers in search of dependable revenue. Right here, we spotlight three firms—Amgen, Merck, and AbbVie—which have demonstrated constant dividend will increase.
Amgen
Amgen (NASDAQ:AMGN) discovers, develops, manufactures, and delivers human therapeutics globally. The corporate serves numerous healthcare suppliers, together with physicians, clinics, dialysis facilities, hospitals, and pharmacies.
Amgen has maintained dividend funds for 14 consecutive years and raised them for 13 years. The corporate pays a quarterly dividend of $2.25 per share, or $9 yearly, yielding 2.83%.
Over the previous twelve months, Amgen generated $29.5 billion in income and $3.76 billion in web revenue.
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Merck
Merck & Co., Inc. (NYSE:MRK) operates as a worldwide healthcare firm by means of its Pharmaceutical and Animal Well being segments. The Pharmaceutical section presents merchandise for oncology, acute care, immunology, neuroscience, virology, cardiovascular, and diabetes. The Animal Well being section offers veterinary prescription drugs, vaccines, and well being administration options.
Merck has raised its dividend for 13 consecutive years and pays a quarterly dividend of $0.77 per share, or $3.08 yearly, yielding 2.32%.
The inventory is up greater than 23% YTD, and the corporate has overwhelmed EPS and income estimates for the final 11 quarters. Over the previous twelve months, Merck generated $61.4 billion in income and $2.3 billion in web revenue.
AbbVie
AbbVie (NYSE:ABBV) discovers, develops, manufactures, and sells prescription drugs worldwide, specializing in key therapeutic areas resembling immunology, oncology, neuroscience, and eye care.
AbbVie has raised its dividend for 11 consecutive years and pays a quarterly dividend of $1.55 per share, or $6.20 yearly, yielding 3.59%.
Over the previous twelve months, AbbVie generated $54.4 billion in income and $5.99 billion in web revenue.
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