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3 Health Care Stocks With a Superior Forward Dividend

- By Alberto Abaterusso

The following health care companies have a compelling forward dividend yield, one that is beating the dividend yield of the S&P 500 Index by nearly 200 basis points. The dividend yield of the benchmark for the U.S. equities market was 2.04% on Tuesday.

The closing share price of Diversicare Healthcare Services Inc. (DVCR) was $3.25 on Tuesday. Following a 64% decline for the 52 weeks through Jan. 22, the forward dividend yield went up to 6.67%, outperforming the industry by 235.2%. The stock has a market capitalization of $21.2 million and a price-sales ratio of 0.04 versus an industry median of 1.7.