PFE - 3 Big Pharma Stocks That Pay Big Dividends
The past year has been great for stocks across the board, but that's made it awfully hard to find reliable dividend-paying stocks that offer satisfactory yields. The average dividend yield for stocks in the S&P 500 index has dwindled to just 1.8% at the moment, but there are still a few big pharmaceutical companies with shares that yield more than twice the benchmark average.
Above-average yields come with above-average risks, but there are reasons to suspect these big pharma stocks are worth it. Let's poke around under the hood to see if these three could keep their payouts rising at a steady clip in the years ahead.
Data source: Yahoo! Finance.