Bass F, a German chemical maker, is one of the companies I own. The company has been investing heavily in CapEx to support future growth. Bass F's dividend equates for about $3 billion at the moment and their free cash flow was $3.3 billion. They've actually forecasted that to Decline again next year, about 10% on top of this CapEx.I would not be surprised if this company did cut their dividend. As such, I can't complain selling them for that reason.
In this week's episode, we discuss 5 companies in our portfolios that we don't feel comfortable owning going into a recession.
News of the week includes Novo Nordisk Market cap which now exceeds Nestle. And Unilevers Shrinkflation on Ice cream.
Companies mentioned From EMF are HPQ, Danone, BASF,
The companies mentioned by EDGI are Omega HealthCare and 3M.
Reference Material -
chowder rule Archives - European Dividend Growth Investor (europeandgi.com)