December Top Healthcare Dividend Payers
Generally, companies in the healthcare sector such as LifeHealthcare Group often provide attractive dividend yields due to relatively stable earnings as these are considered defensive sectors that can make money in any economic environment. Therefore, these companies provide a strong reliable stream of constant income which is a great diversifier during economic downturns. I’ve made a list of other value-adding dividend-paying stocks in the healthcare industry for you to consider for your investment portfolio.
LifeHealthcare Group Limited (ASX:LHC)
LHC has a substantial dividend yield of 5.17% and is paying out 82.14% of profits as dividends . The company’s yield puts it among good company – the top 25% of the market.
1300SMILES Limited (ASX:ONT)
ONT has a good dividend yield of 3.36% and their current payout ratio is 74.91% . Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from $0.068 to $0.23.
Australian Pharmaceutical Industries Limited (ASX:API)
API has a enticing dividend yield of 4.18% and has a payout ratio of 65.45% . Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from $0 to $0.07.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
