Necessity means dividends are very secure for drugmakers.
|Editor’s note:借读 Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.|
Damien Conover:?借读Today, we're talking about dividends and the large-cap pharmaceutical industry. And I think it's an important topic because we think the dividends look very secure. And the reason why we think they're secure, even in the backdrop of this coronavirus pandemic, is that drugs are something of a necessity.
Damien Conover does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.