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Technology Stocks : Growth Investing
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From: GwenJohn12/21/2016 3:35:14 AM
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Income investors are always looking for the next up-and-coming dividend growth stock, and Gilead Sciences, Inc.(NASDAQ:GILD) stock is one that would fit the bill.

Gilead Sciences operates in the biopharmaceutical market, which is known for having large profit margins. And due to these margins, shareholders have profited from the business’ cash flows.

Over the past year, shares are down 27%, which is not great. However, for dividend investors that are considering owning the stock, the current dividend is higher now due to a price drop.

GILD stock is a stock that is in the early days of being classified as a dividend stock. Even though there is not a long history of dividend payouts, the balance sheet does support the possibility of higher rewards for shareholders.
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