Smiths Group PLC (SMIN)

[ZipserSir]

Another very marginal HYP candidate: yield currently is 2.7%, but has grown its dividend for the last seven years.

"Smiths Group PLC is a technology company. It is engaged in the development, manufacturing, selling and support of detection technologies, engineered products & services, medical devices and electronic components."

Pretty dull stuff, but ideal for a slightly less than high yielding HYP?

Any thoughts anyone?

[idpickering]

Another one I don't know, that thanks anyway. Not for me, I want a higher yield than that ta.

Ian.

[Gengulphus]

... ideal for a slightly less than high yielding HYP?

Aka a LYP...

Gengulphus

[Wizard]

... ideal for a slightly less than high yielding HYP?

Aka a LYP...

Gengulphus

AKA Unilever 3 months ago, and lots were happy to buy at that yield.

Terry.

[Gengulphus]

... ideal for a slightly less than high yielding HYP?

Aka a LYP...

AKA Unilever 3 months ago, ...

Nonsense - "a slightly less than high yielding HYP" and "a LYP" are both descriptions of portfolios, "Unilever" is a description of a single-share holding within a portfolio. Neither of the first two can possibly also be known as the last...

Which may seem pedantic, but it suggests you've completely missed my point, which was that "a slightly less than high yielding HYP" is a self-contradictory phrase: either a portfolio is less than high-yielding, in which case it self-evidently isn't a HYP, or it isn't, in which case it may be a HYP but it certainly isn't less than high-yielding, not even slightly. Such phrases simply obfuscate the real issue here, which is whether SMIN is a suitable share for a HYP.

... and lots were happy to buy at that yield.

It's up to them, of course, but if I were in the position of having bought Unilever about 3 months ago, ignoring a primary share selection criterion of my strategy to do so, and now finding that I could have bought about 20% more shares if I'd waited, I think I would be at least a bit doubtful about the wisdom of what I'd done...

Gengulphus

[moorfield]

Another very marginal HYP candidate: yield currently is 2.7%, but has grown its dividend for the last seven years.

Well my selection benchmark is City of London IT: yield currently is 4.2%, but has grown its dividend for the last fifty years.

So Smiths is nowhere near HYP territory for me.