Koninklijke Philips Electronics N.V. operates as an electronics company with activities in healthcare, lighting, and consumer lifestyle markets worldwide. The company’s products include imaging systems, ultrasound and monitoring solutions, and healthcare informatics.
PHG is an international dividend achiever. It has been increasing its dividends for the past six consecutive years. From the end of 1999 up until early September 2008 this dividend stock has delivered an annual average total return of 8.20 % to its shareholders. The stock has lost about 56% of its value so far in 2008.
Disclosure: I do not own shares of PHG