2 Healthcare Dividend Stocks That Hit the Sweet Spot
Walgreens Boots Alliance (NASDAQ: WBA) and CareTrust REIT (NYSE: CTRE) combine everything you want in a dividend stock: yields above 5% but with a safe payout ratio and a history of dividend and revenue growth.
Both healthcare companies, however, have faced recent difficulties. Looking at the overall strengths of each, I believe there is an opportunity to get in on these stocks at a relatively low price, locking in a high-yielding dividend in the process.
Walgreens Boots Alliance employs more than 315,000 people across 13,000 locations in nine countries. The company operates as a healthcare, retail, and pharmacy company, and so far this year, its stock is down more than 10%.
Source Fool.com
