Post by prestedon Oct 27, 2022 11:57am
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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