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Main Street Stock Investor

11-07-2014, 07:53 AM
This week Kimberly Clark (KMB) spun off Halyard Health. I typically sell any spin off immediately and credit my accounting sheets with the resutlant profit from the sale. I account for the proceeds from the spin off sale as income, just like dividend income, trading income, or option income for that particular position.

I would be interested to learn how other investors treat a spin off.

rapidacid

11-07-2014, 08:52 AM
Same here. I sold HYH yesterday and used the funds for my QCOM / MSFT purchases.

Basically a one time ~5% dividend from KMB. Thanks guys!
Dividend Growth Forum > Dividend Growth Investing > My Portfolio > How to Handle a Spin Off