2024-03-23 05:43:00 ET
Investors looking for stocks that can deliver heaps of passive income might want to turn their heads toward the healthcare sector. Right now, there are a couple of beaten-down stocks offering above-average dividend yields.
After falling a long way over the past 12 months, shares of Pfizer (NYSE: PFE) offer a 6.1% dividend yield at recent prices. Walgreens Boots Alliance (NASDAQ: WBA) still owns America's largest chain of retail pharmacies but its stock price has fallen hard in recent months. Shares of the pharmacy chain operator have been offering a 4.7% dividend yield.
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For further details see:
2 High-Yield Dividend Stocks Near 52-Week Lows. Time to Buy the Dips?