|Bid||8.69 x 21500|
|Ask||8.71 x 29200|
|Day's range||8.46 - 8.78|
|52-week range||8.42 - 15.60|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||13.84|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||0.48 (5.58%)|
|Ex-dividend date||23 Aug 2022|
|1y target est||15.45|
Dividend stocks can be foundational to your portfolio and help you build it up year after year. Buying stocks trading at discounts can also increase your odds of coming away with a great return on your investment years later. A couple of incredibly cheap dividend stocks you can buy today include Viatris (NASDAQ: VTRS) and Kraft Heinz (NASDAQ: KHC).
Merck (MRK) gets a favorable ruling from a district court of West Virginia in two patents related to Januvia/Janumet against Viatris, which is looking to market its generic versions of the medicines in the United States
Pharmaceutical businesses spend billions of dollars developing medicines that they then protect with a fortress of intellectual property (IP) safeguards to make sure that competitors can't benefit from their work. But if you're not looking for dividend payments, it's hard to see how it would outperform the market, since it isn't engaged in a high-growth niche, nor is it planning to make significant innovations that would give it an edge over the competition.