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8 Healthcare Dividend Stocks Close To 52-Week Low


The healthcare sector is an attractive investment field due to the growing aging population. The capital market anticipates the future growth of the companies and priced it in the stock price. Therefore it should be difficult to get some bargains. After the little sell-off within the recent weeks, it could be possible to get some attractive valuated stocks for less money.

I screened the healthcare sector by stocks with a dividend yield of more than 3 percent. In addition, I decided to select only stocks that are close to their 52-Week Lows (up to 10 percent). 8 stocks remained of which two are high yields. Nobody expected it but the big pharmacy players with high dividend yields are not represented in the screening results.

Here are the 3 most promising stocks:

1. Meridian Bioscience (VIVO) is acting within the diagnostic substances industry. The company has a market capitalization of $741.4 million, generates revenues in an amount of $153.9 million and a net income of $25.4 million. It follows P/E ratio is 29.1 and forward price to earnings ratio 21.0, Price/Sales 4.8 and Price/Book ratio 5.4. Dividend Yield: 4.2 percent. Years of Consecutive Dividend Increasing: 11 Years. 5-Year Dividend Growth: 22.6 percent. The company paid dividends since 1990.

2. Lincare Holdings (LNCR) is acting within the home health care industry. The company has a market capitalization of $2.0 billion, generates revenues in an amount of $1.7 billion and a net income of $180.7 million. It follows P/E ratio is 11.3 and forward price to earnings ratio 9.5, Price/Sales 1.2 and Price/Book ratio 2.0. Dividend Yield: 3.8 percent. Years of Consecutive Dividend Increasing: 0 Years. 5-Year Dividend Growth: 0 percent. The company paid dividends since 2010.

3. Assisted Living Concepts (ALC) is acting within the long-term care facility industry. The company has a market capitalization of $297.4 million, generates revenues in an amount of $233.7 million and a net income of $17.9 million. It follows P/E ratio is 16.8 and forward price to earnings ratio 8.5, Price/Sales 1.3 and Price/Book ratio 1.0. Dividend Yield: 3.1 percent. Years of Consecutive Dividend Increasing: 0 Years. 5-Year Dividend Growth: 0 percent. The company paid dividends since 2011.

Take a closer look at the full table of dividend stocks from the healthcare sector close to 52-Week Lows. The average price to earnings ratio (P/E ratio) amounts to 15.2 while the average forward P/E ratio is 12.6. The dividend yield has an average value of 4.3 percent. Price to book ratio is 2.1 and price to sales ratio 1.8.

About the author:

I am a private full time investor searching for investments and investment ideas.

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