What makes a stock a good fit for a retirement portfolio? Most older investors want steady dividend payments for income, but don’t want to give up the potential for growth. These three pharmaceutical stocks should be able to deliver both. Here’s why Bristol-Myers Squibb, AbbVie, and Lilly could offer the right investment prescription for you.
Banking on Opdivo
Bristol-Myers Squibb easily checks off the dividend requirement. Its yield stands at a respectable 2.68%. Bristol has also claimed one of the best Big Pharma dividends over the last two decades.
