Top 10 Large Cap Health Technology Dividend Stocks

Top 10 Large Cap Health Technology Dividend Stocks

Looking for ways to fatten your wallet while staying ahead of the healthcare curve? Look no further than Large Cap Health Technology Dividend Stocks! These robust companies blend cutting-edge innovation with generous payouts, offering the perfect recipe for long-term wealth building. Buckle up, because we’re diving into the top 10 contenders to supercharge your 2024 portfolio!

Key Takeaways

  • Health Tech is Booming: Healthcare technology is expected to be a $1.1 trillion industry by 2025, making it a fertile ground for dividend-paying powerhouses.
  • Double Dip Delight: Enjoy both stock price appreciation and steady dividend income, creating a diversified and resilient portfolio.
  • Passive Powerhouse Potential: Let your money work for you with reliable dividend payouts, providing a financial safety net and potential for reinvestment.
  • The top 10 large cap health technology dividend stocks that we will discuss in this article are Walgreens Boots Alliance Inc., Pfizer Inc., Bristol-Myers Squibb Co., Viatris Inc., Gilead Sciences Inc., Medtronic plc, Baxter International Inc., Amgen Inc., Royalty Pharma plc, and Abbott Laboratories.
  • Remember to do your own research before investing in any stock.

Don't miss

Top 10 Large Cap Health Technology Dividend Stocks

1. Walgreens Boots Alliance Inc. (WBA)

Walgreens Boots Alliance Inc(NYSE:WBA). is an American holding company that owns Walgreens, Boots, and other pharmaceutical manufacturing and distributing companies. The company has a market capitalization of $22.4 billion and a dividend yield of 7.22%.

If you invest $1000 in Walgreens Boots Alliance Inc., you would receive an annual payout of $72.20.

2. Pfizer Inc. (PFE)

Pfizer Inc(NYSE:PFE). is an American multinational pharmaceutical corporation that develops and produces medicines and vaccines for a wide range of medical conditions. The company has a market capitalization of $161.5 billion and a dividend yield of 5.70%.

If you invest $1000 in Pfizer Inc., you would receive an annual payout of $57.00.

3. Bristol-Myers Squibb Co. (BMY)

Bristol-Myers Squibb Co(NYSE:BMY). is an American pharmaceutical company that develops and produces medicines for cancer, cardiovascular diseases, and other medical conditions. The company has a market capitalization of $104.3 billion and a dividend yield of 4.45%.

If you invest $1000 in Bristol-Myers Squibb Co., you would receive an annual payout of $44.50.

4. Viatris Inc. (VTRS)

Viatris Inc(NYSE:VTRS). is an American pharmaceutical company that develops and produces generic medicines and biosimilars. The company has a market capitalization of $14.1 billion and a dividend yield of 4.42%.

If you invest $1000 in Viatris Inc., you would receive an annual payout of $44.20.

5. Gilead Sciences Inc. (GILD)

Gilead Sciences Inc(NYSE:GILD). is an American biopharmaceutical company that develops and produces medicines for HIV/AIDS, liver diseases, and other medical conditions. The company has a market capitalization of $85.5 billion and a dividend yield of 3.67%.

If you invest $1000 in Gilead Sciences Inc., you would receive an annual payout of $36.70.

6. Medtronic plc (MDT)

Medtronic plc(NYSE:MDT) is an Irish medical device company that develops and produces medical devices and supplies for a wide range of medical conditions. The company has a market capitalization of $178.8 billion and a dividend yield of 3.31%.

If you invest $1000 in Medtronic plc, you would receive an annual payout of $33.10.

7. Baxter International Inc. (BAX)

Baxter International Inc(NYSE:BAX). is an American healthcare company that develops and produces medical devices, pharmaceuticals, and biotechnology products. The company has a market capitalization of $43.9 billion and a dividend yield of 2.99%.

If you invest $1000 in Baxter International Inc., you would receive an annual payout of $29.90.

8. Amgen Inc. (AMGN)

Amgen Inc(NYSE:AMGN). is an American multinational biopharmaceutical company that develops and produces medicines for a wide range of medical conditions. The company has a market capitalization of $139.7 billion and a dividend yield of 2.95%.

If you invest $1000 in Amgen Inc., you would receive an annual payout of $29.50.

9. Royalty Pharma plc (RPRX)

Royalty Pharma plc(NYSE:RPRX) is an American pharmaceutical company that specializes in buying and managing royalty interests in pharmaceutical and biotechnology products. The company has a market capitalization of $18.1 billion and a dividend yield of 2.86%.

If you invest $1000 in Royalty Pharma plc, you would receive an annual payout of $28.60.

10. Abbott Laboratories (ABT)

Abbott Laboratories(NYSE:ABT) is an American multinational medical devices and healthcare company that develops and produces medical devices, diagnostics, and nutrition products. The company has a market capitalization of $236.2 billion and a dividend yield of 1.85%.

If you invest $1000 in Abbott Laboratories, you would receive an annual payout of $18.50.

Conclusion

Remember, diversification is key! While these are all strong contenders, don’t put all your eggs in one basket. Research, consult with a financial advisor, and build a portfolio that aligns with your risk tolerance and financial goals.

With these Large Cap Health Tech Dividend Stocks in your arsenal, you’re well on your way to a healthier, wealthier 2024! So grab your metaphorical lab coat, strap in for the ride, and let’s watch your portfolio blossom!

Scroll to Top

Discover more from The Rich Path

Subscribe now to keep reading and get access to the full archive.

By clicking on ‘SUBSCRIBE’, you agree to our Terms of Use & Privacy Policy.