Laboratorios Farmacéuticos ROVI S.A.

Laboratorios ROVI, based in Madrid, is a Spanish pharmaceutical company with two main strands: its own specialty medicines, led by long-acting injectable treatments, and a large contract-manufacturing business that fills and finishes drugs and vaccines for other companies. That combination gives it both proprietary products and steady manufacturing income. ROVI has paid and grown its dividend for years, funded by rising profits, though the yield is modest as it reinvests to expand. Dependable dividend growth from a well-run specialty-pharma and manufacturing business earns it a high DiviScore, with income secondary to growth.