Top Global Healthcare Dividend Stocks

Top Global Healthcare Dividend Stocks

UPDATED Jun 23, 2022

What are the best Global Healthcare Dividend Stocks?

According to our Simply Wall St analysis these are the best Global Healthcare dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.

Our criteria to find Top Dividend Companies

High Yield

  • Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
  • Yields vary between markets, so we focus on the top dividend payers in each market.

What do we look for?

  • Is the yield in the top 25% of the market's dividend payers.

Consistent Dividends

  • Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
  • If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.

What do we look for?

  • Has the dividend been stable over the last 10 years.
  • Has the dividend grown over the last 10 years.

Dividend Cover

  • Ideally the company doesn't pay out all of its earnings, neglecting future growth.
  • If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.

What do we look for?

  • Are dividends covered by earnings.
  • Are dividends forecast to be covered by earnings in the future.

Healthy Balance Sheet

  • Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

14 companies meet this criteria in the Global market

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices worldwide.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: SN.'s dividend (2.66%) is low compared to the top 25% of dividend payers in the UK market (5.19%).

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Rewards

  • Trading at 37.9% below our estimate of its fair value

  • Earnings are forecast to grow 14.27% per year

Risks

No risks detected for SN. from our risks checks.

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Fresenius Medical Care AG & Co. KGaA provides dialysis care and related dialysis care services in Germany, North America, and internationally.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: FME's dividend (2.92%) is low compared to the top 25% of dividend payers in the German market (4.56%).

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Rewards

  • Trading at 63.6% below our estimate of its fair value

  • Earnings are forecast to grow 19.17% per year

Risks

  • Has a high level of debt

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Saint-Care Holding Corporation provides healthcare services in Japan.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Notable Dividend

  • High Dividend: 2374's dividend (2.66%) is low compared to the top 25% of dividend payers in the JP market (3.76%).

  • Future Dividend Coverage

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Rewards

  • Trading at 8.9% below our estimate of its fair value

  • Earnings are forecast to grow 12.94% per year

  • Earnings have grown 8.7% per year over the past 5 years

Risks

No risks detected for 2374 from our risks checks.

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Fresenius SE & Co. KGaA, a health care company, provides products and services for dialysis, hospitals, and outpatient medical care.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: FRE's dividend (3.34%) is low compared to the top 25% of dividend payers in the German market (4.56%).

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Rewards

  • Trading at 86.1% below our estimate of its fair value

  • Earnings are forecast to grow 10.6% per year

Risks

  • Has a high level of debt

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Rion Co., Ltd. manufactures, sells, and maintains hearing instruments, medical equipment, sound and vibration measuring instruments, particle counters, and related parts and equipment in Japan.

Dividend Criteria

  • Earnings Coverage

  • Growing Dividend

  • Notable Dividend

  • High Dividend: 6823's dividend (1.85%) is low compared to the top 25% of dividend payers in the JP market (3.76%).

  • Future Dividend Coverage

  • Stable Dividend

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Rewards

  • Trading at 69.3% below our estimate of its fair value

  • Earnings are forecast to grow 18.38% per year

  • Earnings grew by 36.2% over the past year

Risks

No risks detected for 6823 from our risks checks.

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HOYA Corporation operates as a med-tech company, and a supplier of high-tech and medical products worldwide.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Notable Dividend

  • High Dividend: 7741's dividend (1.09%) is low compared to the top 25% of dividend payers in the JP market (3.76%).

  • Future Dividend Coverage

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Rewards

  • Trading at 23.3% below our estimate of its fair value

  • Earnings are forecast to grow 8.2% per year

  • Earnings grew by 31.1% over the past year

Risks

No risks detected for 7741 from our risks checks.

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Stratec SE, together with its subsidiaries, designs and manufactures automation and instrumentation solutions in the fields of in-vitro diagnostics and life sciences in Germany, European Union, and internationally.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: SBS's dividend (1.07%) is low compared to the top 25% of dividend payers in the German market (4.56%).

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Rewards

  • Trading at 26.3% below our estimate of its fair value

  • Earnings are forecast to grow 13.28% per year

  • Earnings grew by 11.5% over the past year

Risks

  • Volatile share price over the past 3 months

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Equasens Société anonyme provides various IT solutions for the healthcare sector in Europe.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: EQS's dividend (1.39%) is low compared to the top 25% of dividend payers in the French market (5.36%).

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Rewards

  • Trading at 21.5% below our estimate of its fair value

  • Earnings are forecast to grow 1.32% per year

  • Earnings grew by 27.4% over the past year

Risks

No risks detected for EQS from our risks checks.

View all Risks and Rewards
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