Dividends → Health Technology

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

Dividend stocks by industries

Average yield of the sector: 1.07 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Biotechnology 1 0.83 %
Medical Specialties 19 0.58 %
Pharmaceuticals: Generic 4 0.48 %
Pharmaceuticals: Major 9 2.44 %
Pharmaceuticals: Other 1 0.43 %

Average yield of the sector: 0.95 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Biotechnology 8 1.87 %
Medical Specialties 8 0.36 %
Pharmaceuticals: Major 5 0.52 %
Pharmaceuticals: Other 1

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Medical Specialties 1
Pharmaceuticals: Major 1

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Medical Specialties 1

TOP 15 dividend stocks in the sector: Health Technology

Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
Meridian Bioscience, Inc. VIVO Meridian Bioscience, Inc. 8.64 USD 370 M 5.79 % 15.27
Pfizer Inc. PFE Pfizer Inc. 37.66 USD 210 B 3.82 % 12.94
Bristol-Myers Squibb Co. BMY Bristol-Myers Squibb Co. 56.48 USD 94 B 2.90 % 16.22
Johnson & Johnson JNJ Johnson & Johnson 134.82 USD 350 B 2.82 % 25.40
Merck & Co., Inc. MRK Merck & Co., Inc. 84.65 USD 210 B 2.60 % 23.44
GlaxoSmithKline Plc GSK GlaxoSmithKline Plc 44.50 USD 110 B 1.71 % 18.96
Baxter International, Inc. BAX Baxter International, Inc. 81.67 USD 41 B 1.08 % 26.97
Stryker Corp. SYK Stryker Corp. 207.12 USD 77 B 1.00 % 22.60
Agilent Technologies, Inc. A Agilent Technologies, Inc. 79.29 USD 24 B 0.83 % 23.44
Amgen, Inc. AMGN Amgen, Inc. 220.86 USD 130 B 0.66 % 17.12
Eli Lilly & Co. LLY Eli Lilly & Co. 115.10 USD 110 B 0.56 % 25.87
PAHC Phibro Animal Health Corp. 23.19 USD 920 M 0.52 % 22.98
Perrigo Co. Plc PRGO Perrigo Co. Plc 48.72 USD 6.7 B 0.43 % 26.87
Smith & Nephew Plc SNN Smith & Nephew Plc 43.32 USD 19 B 0.32 % 27.15
Utah Medical Products, Inc. UTMD Utah Medical Products, Inc. 99.80 USD 380 M 0.28 % 27.78