The pharmaceuticals industry is often one of the most sought-after investments for income investors, primarily because of the lofty dividend yields that can often be found among the couple of dozen companies that make up the industry.
Of the 13 Big Pharma giants with a market valuation of $50 billion or more at the end of last week, all but two paid at least a 2.2% yield. For added context, the S&P 500 collectively has a yield closer to 2%, meaning the pharma sector tends to trounce the broader market index in terms of yield.
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