Smith Nephew ADR Representing 2 Ord Shs SNN

Div makes this attractive

[prested]

At 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

[radcat]

I am a new shareholder. Bought my shares a few days before the Sept 29th, the ex-dividend date. What I liked about SNN was... Covid-19 was made public on Jan 25th 2020, SNN share price on Jan 26th 2020 closed at $50.57. The high for the past year Nov 5th 2021 was $37.15. Both past share prices make SNN + dividend seem like a bargain. We all saw our hospitals over capacity with ill covid patients

[willyk3]

Good for you rad. I filled my plate with SNN at slightly higher prices as I kept buying with each new low. Sitting tite now and as with many other stocks that are at multi year lows I am prepared to wait it out while I collect the divvy. Still not sure why Stryker doesn't have a swing at this gem while the US dollar is so high

[radcat]

Since you are a Divi hound, check out Energy Transfer (ET). I have followed them since early 2022 when their share price was at $8.00 U.S. with a dividend of $0.62 U.S. The dividend has been raised each quarter since then. This pas week it was increased from $0.92 U.S. to $1.06. Management has stated they want the dividend back to Pre covid-19 level of $1.22. I believe that will happen when they

[prested]

Thanks for the suggestion Rad, Incredible volume today of over 12 millionnahsre before noon. Seems the only fly in the ointment may be the Dakota Access Pipeline which a court has ruled an environmental study must be carried out by The Army Corps of Engineers. Tempting.

[radcat]

ET reports earnings today after the close. Ex-dividend date is Nov 3rd, money in your account Nov 21st. Share price is currently up 22 cents to $12.99 U.S. in the aftermarket... So do you think SNN is a possible take-over target at $24.00 range? I think it was Johnson and Johnson that took a run at them back in 2011.