UNH - These 2 Top Healthcare Stocks Declared Dividend Raises in 2023
2024-01-15 06:46:00 ET
For all of its many successes, the healthcare industry isn't exactly a hotbed of dividend-paying stocks. However, this doesn't mean the sector is entirely without companies that remunerate their shareholders. Some of its larger and more established companies not only hand out distributions on a regular basis, they also declared hefty dividend raises heading into 2024.
So take a bow, Eli Lilly (NYSE: LLY) and UnitedHealth Group (NYSE: UNH) ; both of these familiar sector names hiked their payouts at double-digit rates. Here's a brief rundown of both increases.
One of the most storied names in the U.S. pharmaceutical business , Eli Lilly started 2024 with gusto. It's got excellent momentum behind obesity treatment Zepbound, which was approved by the Food and Drug Administration (FDA) last November (it was green-lit for diabetes in 2022 under the brand name Mounjaro).
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These 2 Top Healthcare Stocks Declared Dividend Raises in 2023