The healthcare sector should be an
important part of every dividend investor's portfolio. Healthcare spending as a
portion of GDP in OECD countries is expected to rise steadily over the coming
decades. In East Asia, healthcare spending will also rise relative to GDP,
given the steep drop in fertility in that region over the last 20 years.
An aging
population is a very long-lived, secular trend, and so many well-positioned
healthcare businesses have steady growth prospects as far out as the eye can
see. Luckily for income investors, the healthcare sector includes many
businesses that are stable, dividend-minded and have good balance sheets.
Today, I like to
introduce a few of the best dividend growth stocks from the healthcare sector.
You might have some great names in your mind, like Johnson & Johnson or
Medtronic.
For me, the
medical equipment industry is a great way to invest into the future. Pharmacy
is also a great but they are more cyclic and threaten by biotech. Those get
also pressure from bio-similars.
There is no guarantee
for a good return in the future but I feel confident to own some of the best
names in the sector.
These are the best Healthcare dividend growth picks of the past 20 years. Which stocks do you like?
These are the best Healthcare dividend growth picks of the past 20 years. Which stocks do you like?