2 Top Biotech Stocks to Buy Right Now
A high dividend yield and powerful growth prospects are a rare combination for any single stock to offer.
On one hand, a high yield often comes with the trade-off of an elevated dividend payout ratio and lower resulting growth potential. That's because higher payout ratios tend to imply that a company's growth opportunities are limited. Otherwise it would be retaining capital rather than distributing it to shareholders. On the other hand, a company with adequate growth opportunities will generally have a lower payout ratio to retain the capital needed for growth. This results in a lower dividend yield.
Here are two pharmaceutical companies that can give investors the best of both worlds: Generous dividend income and great growth potential to boot.
Source Fool.com
