PFE - 3 High-Yield Dividend Stocks Near Their 52-Week Lows to Buy and Hold
2024-06-22 06:03:00 ET
Investors looking for high-yield dividend stocks to buy now should turn their attention toward the healthcare sector: Three relatively reliable drugmakers are trading near their 52-week lows.
Their stock prices may have been beaten down, but it's more than likely that better days are ahead. Here's how these stocks could produce heaps of passive income for patient investors who buy now.
Shares of Pfizer (NYSE: PFE) have fallen about 55% from their early 2022 peak. At recent prices, they offer an eye-popping 6.2% dividend yield . In a nutshell, the stock tanked because sales of its COVID-related products fell much faster than expected.
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3 High-Yield Dividend Stocks Near Their 52-Week Lows to Buy and Hold