declining earnings weigh on quality thesis
Kenvue looks like a lower‑quality, slow‑decay business to me — Q4 showed momentum but full‑year organic sales and adjusted EPS declined, the balance sheet has heavy goodwill/intangibles and a ~72% payout at a 4.8% yield, so I view it less favorably than Kimberly‑Clark.
Full-year organic sales and adjusted EPS declined despite Q4 momentum, while heavy goodwill and intangibles combine with a ~72% payout at 4.8% yield to suggest structural fragility relative to consumer staples peers.
Publish-day $17.43 · 04/09
"5.3% Dividend Yield Value Stock (That I'm Buying)"