SHPG - Baxter Should Go Back Into Your Wish List After The Dividend Cut
Introduction
I always look for new opportunities and I return to my fallen angels who cut their dividend to see whether they offer an attractive opportunity. I have decent exposure to healthcare but will always consider adding quality stocks to my portfolio. One of the companies in the healthcare sector that I used to own is Baxter International (BAX).
I bought the shares in the company back in 2014. It was after I shifted my portfolio towards dividend growth strategy. I loved the diversity that the company offered with a great combination between