2 Dividend Stocks to Buy Right Now
There are excellent reasons to consider investing in dividend-paying stocks. First, some investors might be looking for a source of passive income, which is something dividends can provide. Second, dividend stocks have historically outperformed their peers that do not pay dividends.
Of course, that doesn't mean that just any company which pays dividends is a great investment. But many are. Two companies that would be great additions to your dividend portfolio are pharma giants Bristol Myers Squibb (NYSE: BMY) and Amgen (NASDAQ: AMGN). Let's take a closer look.
It's imperative for dividend-seeking investors to check the health of a business. And on that front, Bristol Myers is commendable. The company continues to post solid financial results thanks to its rich lineup of drugs. In the third quarter ended Sept. 30, the company's top line grew by 10% year over year to $11.6 billion.
Source Fool.com
