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EP #146 | Q1 Earnings from some Popular Dividend Stocks | JNJ / Kenvue IPO, Dividend Hikes, Many Listener Questions

Dividend Talk

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The Importance of a Zero Debt Balance Sheet

I would prefer to see nothing on the balance sheet. They're giving us some really good returns. But as you said, management have done such a good job. It's hard to fall down. I almost forgot to mention that it's not your oil company anymore. So when your family complains owning shell that you're damaging the world because of black oil, at least from earnings point of view, did you know that integrated gas made 4.9 billion in earnings in the last quarter and upstream. And this is where we talk mostly about oil, 2.8 billion. In the cash flow, it looks a little bit more towards each other but it's more a gas company at the moment

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