It is again time for my fourth article of dividend stocks to watch in the next week. The last week was quite an interesting one as the market jumped again from one all time high to another one (I don’t know how many times I will write this again and again). But at the same there were three health care stocks which experienced a heavy decline in their stock prices. Today I will have a quick look at the following three stocks:

• CVS Health Care
• Walgreen Boots Alliance
• Cardinal Health

CVS Health Care 

CVS Caremark Corporation (CVS) provides pharmacy health care services in the United States. It is the largest provider of prescriptions and related health care services in the nation. CVS has been paying dividends since 1993, and has increased them consecutively annually since 2004.

• Share Price: 68.99 USD
• Dividend: 2.00 USD
• Yield: 2.90%

Median Earnings Estimates

• 2017: 5.84 USD
• 2018: 6.36 USD

Expected growth for the next 5 years: 16.3%

Average Dividend Growth in the last 5 years: 23.27%

Performance last three months: -13.49%

Wallgreen Boots Alliance 

Walgreens Boots Alliance, Inc. (WBA), formerly known as Walgreen Company, is the largest drugstore chain in the United States. Walgreen has been paying dividends since 1972, and has increased them annually since 1976. Walgreen is a dividend aristocrat, which means it has been increasing dividends for more than 25 years consecutively. Walgreen pays its dividends quarterly.

• Share Price: 64.48 USD
• Dividend: 1.60 USD
• Yield: 2.48%

Median Earnings Estimates

• 2017: 5.50 USD
• 2018: 5.75 USD

Expected growth for the next 5 years: 8.1%

Average Dividend Growth in the last 5 years: 10.99%

Performance last three months: -19.02%

Cardinal Health 

Cardinal Health (CAH) provides products and services to the healthcare industry. Cardinal Health was founded in 1979 and is headquartered in Dublin, Ohio.

• Share Price: 62.01 USD
• Dividend: 1.85 USD
• Yield: 2.98%

Median Earnings Estimates

• 2017: 4.97 USD
• 2018: 5.60 USD

Expected growth for the next 5 years: 16.8%

Average Dividend Growth in the last 5 years: 12.70%

Performance last three months: -20.10%

Conclusion

As you can see although the market jumps from one all time high to another one there are still a couple of opportunities for good investments. The companies mentioned above have clearly underperformed the market but offer at the same a stable financial situation and enough room for future dividend growth. Also, I think currently the performance of some dividend stocks is not so great but the market offers some good investment opportunities for us dividend investors. The three stocks mentioned above, have suffered a lot in the last couple of weeks although their financial situation is still very good and the quarterly reports were good as well. Besides that, having these three growth stocks with such  high yields gives you really some good buying opportunities and the pay out ratios of those stocks are still at a very low level.