The consumer health business that they are spinning off was flat for many, many years. And now they are like 7.4% up compared to last year, which is really nice. But I think it has all to do with inflation. These guys can now just charge more to all of this stuff. They didn't say a progressive dividend or growing dividends in their slides. It's so funny to read the language here. We saw Intel cut its competitive dividends because we saw it with Intel afterwards. Now I see no reason why Johnson and Johnson shouldn't be the same way.
In this episode, we discuss dividend hikes and cuts from Johnson & Johnson ($JNJ), Costco ($COST), Sonoco ($SON) and Blackstone ($BX)
We also discuss the recent earnings results from
1. Johnson & Johnson
2. ASML
3. Blackstone
4. Snap on
and European DGIs favourite IBM
We check out the portfolio of a fellow Facebook member before answering questions from the community.