InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,239.60
(
-1.71%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
78.57
(
-0.73%
)
Bitcoin
66,327.58
(
-0.74%
)
Post# of 485
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

bar1080

Send PM Follow Ignore
Followers 254
Posts 28510
Boards Moderated 2
Alias Born 07/07/2004

bar1080

Re: fung_derf post# 328

Monday, 05/11/2020 2:23:00 PM

Monday, May 11, 2020 2:23:00 PM

Post# of 485
Both CARRier and OTIS showed up in the April brokerage statement I got a few days ago. Letters dated April 3 said I would get one share of Carrier for each of my UTX shares and 1/2 share of OTIS for each UTX share. Previously I got a fairly large amount of cash too.

Spinoffs can be annoying, especially the ATT ones from the 1980s Bell breakup. But they can be quite profitable if held long-term. Studies have shown that spinoffs often outperform the S&P and the firms they were spun off from.

Both spinoffs are quite sizable: OTIS $22 billion market cap. Carrier is $16 billion. Both should pay dividends, but I don't believe the amounts have been announced quite yet.

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent RTX News
More RTX News
InvestorsHub NewsWire

FEATURED ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • Jul 30, 2024 8:00 AM

Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM

INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM

Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • BLOZF • Jul 29, 2024 9:07 AM

BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM

Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM

Start posting your company's news
Only $200 per official company press release!