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Post# of 978
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bar1080

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bar1080

Re: fung_derf post# 963

Thursday, 01/25/2024 10:26:46 PM

Thursday, January 25, 2024 10:26:46 PM

Post# of 978
This explains the DHR div and earnings cut.

"On February 8, 2023 DANAHER CORP announced that Veralto Corporation will be the name of a separate public company. The distribution (spinoff) ratio is approximately 1 Veralto Corporation share per 3 DANAHER CORP shares held. The distribution is payable on September 30, 2023".

So I presume the new total payout of DHR and VLTO will be about the same as the old one with just DHR alone.

BTW VLTO trades on the Nasdaq around $76 per share. I feel better.

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