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PHG - Philips: Transformation Is Negatively Affecting The Risk Profile
April, 21 2022 06:28 PM
Koninklijke Philips N.V. NY Registry Shares
Philips is transforming from an electronics to a health-tech company. During the transformation, the company managed debt levels well and maintained shareholder returns. The risk profile of the company, however, has deteriorated as the diversification reduced by solely focusing on healthcare. Moreover, health-tech is attracting massive investments from venture capital. The 3% dividend and low dividend growth do not compensate for the current risk profile. For further details see:
Philips: Transformation Is Negatively Affecting The Risk Profile
Stock Information
Company Name:
Koninklijke Philips N.V. NY Registry Shares
Stock Symbol:
PHG
Market:
NYSE
Website:
philips.com
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