If you believe in dividends, this article merits your attention. Almost all these stocks are listed in the NYSE.
Below are the top 10 Pharmaceutical stocks with highest dividend yields for the last 12 months. One Chinese company (TPI) is on the list.
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Abbott Laboratories (NYSE:ABT) has the 6th highest dividend yield in this segment of the market. Its current dividend yield is 3.61%. Its dividend payout ratio was 47.77% for the last 12 months. Tianyin Pharmaceutical Co, Inc. (AMEX:TPI) has the 7th highest dividend yield in this segment of the market. Its current dividend yield is 3.36%. Its dividend payout ratio was 21.52% for the last 12 months. Biovail Corporation (USA) (NYSE:BVF) has the 8th highest dividend yield in this segment of the market. Its current dividend yield is 2.40%. Its dividend payout ratio was 58.29% for the last 12 months. Cardinal Health, Inc. (NYSE:CAH) has the 9th highest dividend yield in this segment of the market. Its current dividend yield is 2.31%. Its dividend payout ratio was 36.37% for the last 12 months. Novo Nordisk A/S (ADR) (NYSE:NVO) has the 10th highest dividend yield in this segment of the market. Its current dividend yield is 1.74%. Its dividend payout ratio was 77.24% for the last 12 months.