Been thinking about dividend stocks lately, and there's something worth discussing about the healthcare sector. Most companies don't even survive 20 years, right? So finding ones that actually deserve a forever hold is pretty rare. But I've noticed two healthcare names that seem to have the staying power and dividend consistency that makes them interesting for long-term income players.



First up is Bristol Myers Squibb. It's a solid pharma company with a massive drug portfolio spanning multiple therapeutic areas. Last year alone, they had 10 different products each pulling in over a billion in sales. Now, the thing everyone worries about with pharma is the patent cliff. BMY definitely faces some headwinds - Eliquis and Opdivo, their two biggest sellers, will lose exclusivity by the end of the decade. But here's the thing: they're not sitting idle. They've got a new subcutaneous version of Opdivo coming that's easier to administer, which extends that franchise. Plus their newer drug pipeline should fill the gaps as older products decline. This is how they've historically navigated these cycles, and there's no reason to think they'll stop now. The dividend is pretty attractive too - 4% forward yield with a 65.8% increase over the past decade. It's the kind of boring, steady play that quietly builds wealth if you're patient enough to reinvest.

Then there's Medtronic. Medical devices, not drugs, which is a different beast. They're making real innovations - pulsed field ablation for heart problems, and more recently the Hugo robotic surgery system for urology. The RAS market is still massively underpenetrated, so there's huge runway there. They're also spinning off their diabetes care unit, which should improve margins across the business. But what really stands out to me is the dividend track record. Medtronic has raised its payout for 48 consecutive years. That's not just impressive - that's a signal that this company can weather almost anything and keep performing. That kind of consistency is exactly what you want in a forever hold.

Both of these are the kind of stocks that fit the forever quotes mentality - not flashy, not going to 10x overnight, but the type of companies where you can set it and forget it. The dividend keeps flowing, the businesses adapt, and shareholders benefit over decades. That's the real wealth builder for most people.
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