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Yahoo Finance Flags One Pharma Dividend Buy as Sector Slumps

Steep share declines tied to policy scrutiny set the backdrop.

Overview

  • The investor-oriented analysis singles out a single drugmaker as the standout dividend stock to buy with $1,000 right now.
  • Shares of Pfizer are reported to be about 60% below recent highs, with Merck and Bristol Myers Squibb down roughly 40%, lifting dividend yields.
  • The piece cites a more negative mood in Washington toward the drug industry, with vaccine makers feeling particular pressure.
  • It notes that patent cliffs are a routine industry challenge that can trigger material sales declines when generics enter.
  • At least one company highlighted is credited with a long history of maintaining its dividend through difficult periods.