Reckitt Benckiser

[Augie]

Just dropped 10% today. I am thinking of dipping my toes in the water. They appear to have some problems, but as far as I can tell, all of them seem solvable. I have to believe that good things tend to happen to companies with strong margins. Any thoughts?

[DividendGarden]

Are they a DGI company? I don't think they're on the CCC list. I've always wanted to own Reckitt Benckiser but never bought.

[Augie]

I dont think they will show up on any lists because they are UK based. So while the dividend has trended in the right direction in pounds (with a minor hiccup), the devaluation of the pound skews the US results. They have a ton of great household brands. Their margins are very high for the industry. They have some investor perception issues because they have been unable to grow the last few years. There is some talk that they might take over Pfizer consumer division, but also worries about how to pay for that. My brother works there, which is why they are on my radar. He is a index guy and agnostic on individual stocks.


I did some quick math on the dividend in pounds (symbol RB) with the numbers from its website:

2017 161.6 10%
2016 146.9 14%
2015 129.3 -6%
2014 137 -1%
2013 138 10%
2012 126 5%
2011 120 12%
2010 107 18%
2009 91 47%
2008 62

I picked up D yesterday, so RBGLY will have to wait.

[DividendGarden]

(02-21-2018, 03:59 PM)Augie Wrote: I dont think they will show up on any lists because they are UK based. So while the dividend has trended in the right direction in pounds (with a minor hiccup), the devaluation of the pound skews the US results. They have a ton of great household brands. Their margins are very high for the industry. They have some investor perception issues because they have been unable to grow the last few years. There is some talk that they might take over Pfizer consumer division, but also worries about how to pay for that. My brother works there, which is why they are on my radar.  He is a index guy and agnostic on individual stocks.


I did some quick math on the dividend in pounds (symbol RB) with the numbers from its website:

2017 161.6 10%
2016 146.9 14%
2015 129.3 -6%
2014 137 -1%
2013 138 10%
2012 126 5%
2011 120 12%
2010 107 18%
2009 91 47%
2008 62

I picked up D yesterday, so RBGLY will have to wait.

Thanks for the info!

[DividendGarden]

Seems like they have high debt?