13 Best Healthcare Dividend Stocks to Invest in

10. McKesson Corporation (NYSE:MCK)

Number of Hedge Fund Holders: 78

McKesson Corporation (NYSE:MCK) is a Texas-based company that specializes in pharmaceutical distribution and offers health information technology, medical supplies, and health management solutions. In recent years, the company has prioritized strengthening its core operations in the US and Canada, scaling back its presence in certain European markets to better allocate resources. Its strong distribution network, along with strategic partnerships with customers and suppliers, enhances efficiency and expands its reach in the pharmaceutical distribution sector.

In the third quarter of fiscal 2025, McKesson Corporation (NYSE:MCK) reported an 18% revenue increase to $95.3 billion, while adjusted operating profit rose 16% to $1.5 billion. However, revenue came in slightly below Wall Street’s forecast of $96.08 billion, partly due to weaker-than-expected sales in its US pharmaceutical segment. On the back of its solid performance, the company raised its full-year adjusted EPS outlook to a range of $32.55 to $32.95, reflecting an annual growth of 19% to 20%.

McKesson Corporation (NYSE:MCK) has always remained committed to its shareholder obligation. In the first nine months of 2024, the company returned $3.1 billion to shareholders, including $254 million in dividends. The company offers a quarterly dividend of $0.71 per share and has a dividend yield of 0.43%, as of March 20. In 2024, the company achieved its eighth consecutive annual dividend hike, which makes MCK one of the best dividend stocks in the healthcare sector.