Dow Dividend Stock #5 – Merck (MRK)
Market Cap: $112.3 billion
Annual Dividend: $1.52
Dividend Yield: 4.1%
Merck (MRK) is one of the biggest names in big pharma, with
blockbuster drugs that include the heart disease treatment Zocor, asthma and allergy drug Singulair and osteoporosis medication Fosamax. But while
these treatments are relatively new discoveries, Merck is an old company with a long history of dividend payouts — more than five decades to be exact.
After buying out competitor Schering-Plough in mid-2009, MRK has tapped into a greater range of products and research that should renew the company’s
momentum. With a 4.1% dividend yield, investors have a healthy incentive to go along for the ride. Merck reports earnings May 4.
- Poll of the Day