Replies to post #963 on Dividends , The Wheel --Cash secured Puts and Cove

[bar1080]

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.