If you’re looking for some good dividend-paying stocks, look no further than the drug sector, especially within the large cap names.
With the S&P 500 yielding 2.78%, there are currently over a dozen stocks in the drug sector that yield more than that and almost a half-dozen that yield more than 5%.
Biovail Corporation (USA) [[BVF]] , $8.60, yield: 17.44%
Pfizer Inc. [[PFE]] , $17.71, yield: 7.23%
Bristol Myers Squibb Co. [[BMY]] , $20.55, yield: 6.03%
Eli Lilly & Co. Eli Lilly & Co. [[LLY]] , $33.82, yield 5.56%
GlaxoSmithKline plc (ADR) [[GSK]] , $38.70, yield 5.53%
Other stocks within the group with dividends at least over 3% are: Merck & Co., Inc. Merck & Co., Inc. [[MRK]] , AstraZeneca plc (ADR) [[AZN]] , [[PPH]] , Sanofi-Aventis SA (ADR) [[SNY]] , and Wyeth [[WYE]] .
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