To no one's surprise the health care industry has a long-term bullish thesis with the aging baby-boomer population advancing in age. Unfortunately, as we age we also tend to use more health care services. Becton, Dickinson and Company (NYSE:BDX) provides just about everything a hospital needs to treat its patients: needles, syringes, reagents to identify diseases and so much more. Becton, Dickinson and Company is a dividend champion with 43 consecutive years of dividend growth. BDX closed trading on Friday, April 10th at $143.21, with a current yield of 1.68%.
The following tables/graphs are from my personal stock analysis spreadsheet. Data for the stock analysis was acquired through Becton, Dickinson and Company's investor relations page, Morningstar, and Yahoo Finance.
Historic Growth Rates:
Historically, owners of Becton, Dickinson and Company have done very well. According to longrundata.com, BDX has rewarded investors with a total return of 289% or 11.22% annualized over the last 10 years. Looking at the historic growth rates for per share dividends, earnings, revenue, and free cash flow paints a solid historical basis.
You can read the full analysis of Becton, Dickinson & Company at Seeking Alpha.