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Smith Nephew ADR Representing 2 Ord Shs SNN

Smith & Nephew plc is a portfolio medical technology company. The Company is engaged in developing, manufacturing, marketing, and selling medical devices and services. It is focused on the repair, regeneration, and replacement of soft and hard tissue. Its segments include Orthopaedics, Sports Medicine & ENT and Advanced Wound Management. Its Orthopaedics segment includes a range of hip and knee Implants used to replace diseased, damaged or worn joints, robotics-assisted and digital enabling technologies and services that help surgeons, and trauma products used to stabilize severe fractures and correct hard tissue deformities. Its Sports Medicine & Ear, Nose and Throat (ENT) businesses offer advanced products and instruments used to repair or remove soft tissue. Its Advanced Wound Management portfolio provides a comprehensive set of products to meet broad and complex clinical needs, and to help healthcare professionals reduce the human and economic consequences of wounds.


NYSE:SNN - Post by User

Post by prestedon Oct 27, 2022 11:57am
88 Views
Post# 35053326

Div makes this attractive

Div makes this attractiveAt todays price of $23.77 the yield is 4.4%. Not bad and definitely safe. Sterling has taken a pounding (no pun intended!), and that has to be part of the reason for the downward drift in SP. But, the new PM is likely to do a turn around in the economy and I suspect he will lose no time in doing it since they have a mandate for  2 years and he wants to have the economy on a more even keel by then. If the pound rises, so too will SNN. More of a buy than anything IMO. GLTAL
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