TalkMed Group (SGX: 5G3)
TalkMed provides tertiary medical services in the fields of oncology, stem cell transport, and palliative care. Its patients are in Singapore and the Asian region. The group reported an encouraging set of results for the first half of 2023 (1H 2023). Revenue jumped 16.4% year on year to S$37.8 million as the business saw higher patient volumes with the easing of travel restrictions. Net profit...When it comes to resilience, there is no sector like healthcare.
Health and medical services are a necessity and people will still spend on it during tough economic times.
Investors who are looking to add stability to their portfolios can scout around for suitable healthcare names.
It is also a bonus if these stocks pay dividends.
Healthcare stocks allow you to own a solid business that is recession-proof while enjoying a steady flow of passive income.
Here are four dividend-paying healthcare stocks that report higher profits.
